1st Choice Mechanical Breakdown Coverage Vehicle Warranties

GAP COVERAGE

ACCIDENTS, FIRE, FLOOD, THEFT, EITHER ONE CAN CAUSE A TOTAL LOSS !

When Your insurance pays actual cash value to your lien holder you could still owe thousands.

UNFORTUNATELY
The value of your vehicle goes down faster than the amount you owe. It may take over one half of the life of your loan before you have equity in your vehicle. In the event of a total loss, your insurance company settlement will be base on the value of your vehicle, not  on the balance of your loan.

$$$$
Let us be there to help you meet your obligations.

FORTUNATELY
HYCO GAP can be there to help. When your insurance settlement is not enough to clear your debt, HYCO GAP will waive up to $25,000.00

Ask your dealer/lender for details.


Will waive up to $25,000.00* of the money you may need in order to pay off your debt.

*see the HYCO GAP contract for details and limitations.

EXAMPLE
Loan of lease payoff      $18,000.00
Insurance Settlement         $15,000.00**
HYCO GAP covers         $3,000.00
YOU owe               $0.00

** You are responsible for your deductible and any refundable portions of your loan.

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