Wrap offers you added protection in the event of a total loss.
Gap Wrap is: As
its name implies, Gap Wrap, wraps around the gap coverage included
in your lease/loan to offer you more protection from financial loss.
You Need It: Gap
Wrap fills the gap left by your existing gap coverage. While gap
protection helps pay off the lease/loan on your stolen or totaled vehicle,
Gap Wrap helps you get a new one by defraying down payment and inception
You Can Expect: If
you suffer a total loss, Gap Wrap will give you $2500 in the form
of a credit voucher to be used toward the purchase of another vehicle.
vary by dealer/lender/state. Please refer to your Gap Wrap waiver
for details of the terms and consitions of coverages.