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Guaranteed Asset Protection (GAP) ADVANTAGE

TEXAR offers GAP (Guaranteed Asset Protection) ADVANTAGE.

Gap Insurance offered through Allied provides peace of mind and is designed to relieve the member of the liability of paying for the remaining balance of a loan after the primary insurance carrier has settled, if the vehicle is stolen or totaled.

Gap Insurance also helps protect your credit rating and can help you avoid financial hardships so you can afford a replacement vehicle. In addition, GAP Advantage provides you with a credit of up to $1000 towards financing or lease of a replacement vehicle if financed with TEXAR within a certain time period. GAP ADVANTAGE also offers auto deductible reimbursement and more. Call a Financial Service Officer today and get your auto protected.

Loan Balance $ 15,000
Insurance Settlement based on market value $ 11,000
Insurance Deductible $ -1,000
Amount owed without "GAP" $ 5,000
Amount owed with "GAP" $ 0
GAP ADVANTAGE $ 1,000 credit toward next auto purchase


Contact TEXAR Lending staff about this affordable peace of mind protection.