There for you through the good, bad and ugly.

In the event your vehicle, motorcycle or RV is deemed a total loss due to an accident or theft, your auto insurance policy will usually only cover the actual cash value or market value of your vehicle less a deductible. This settlement could be significantly less than the amount you owe to your lender. The final result is a financial “GAP” where you must make up the difference, which could mean thousands of dollars out of your pocket. (See chart.) Guaranteed Auto Protection (GAP) helps protect you from this financial “GAP”.*

During the first few years that you own your vehicle, your loan balance could be higher than the actual value of your vehicle, as a result of depreciation resulting in a financial gap. If your vehicle were stolen, or totaled in an accident, you would be liable to pay the difference between your insurance settlement and your outstanding loan balance.

Great, Affordable Coverage

Guaranteed Auto Protection covers the difference between the actual cash value of your vehicle and the loan balance, less delinquent payments, late charges, refundable service warranty contracts and other insurance-related charges.

In addition, should you have a GAP claim, you also receive the following benefits:

  • Reimbursement up to $1,000 of primary insurance deductible.
  • $1000 down-payment assistance towards a replacement vehicle when financed at Sharonview.

Best of all, Sharonview’s Guaranteed Auto Protection is only $349 for autos and motorcycles, and $499 for boats and RVs, and can be included in your loan amount.

How it Works



Your Financial GAP



Protect Your Investment Today

If you’re purchasing a new or used vehicle (or financed one with Sharonview in the last 30 days), simply stop by a branch, call our Financial Solutions Center, or email us to learn about how GAP can protect you. Click here to calculate your loan payment.

*Limited to 125% of average retail value.