GAP Insurance
Definition for europe automotive professionals.
Guaranteed Asset Protection (GAP) insurance covers the difference between what you owe on a vehicle and its actual cash value if it is totaled or stolen. It is one of the highest-margin F&I products and a critical revenue line for dealership back-end gross.
Europe Context
In the europe dealer market, gap insurance operates within the context of EU Consumer Rights Directive and GDPR. Dealerships running Keyloop, incadea, Autoline encounter gap insurance in their daily workflow. DealerInt captures the decision layer around gap insurance that your DMS wasn't designed to track.
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See the decisions your DMS doesn\u2019t track
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