Guaranteed Auto Protection

With GAP, you don't need to worry about a total loss.

How does typical auto insurance work? If you're a victim of theft, fire, or flood and your car is declared totaled, the company will usually pay you your vehicle's market value. You still need to pay any leftover cost on your finance or lease contract. Honda Financial Services offers a solution. When you choose Guaranteed Auto Protection (GAP), your remaining balance can be lessened or even eliminated.

How does GAP work?

After your vehicle has been declared totaled and your insurance company pays its share, GAP pays the difference (or deficiency) between the insurance company's payment (typically the market value) and the remaining balance on your finance or lease contract. In most states, GAP will even pay the applicable auto insurance deductible, up to $1,000.

Like with most of Honda of Seattle's payment protection and credit insurance plans, GAP is only available when you first sign your finance or lease contract on your new or used Honda.

See our chart below for more information about what GAP offers.

Finance or lease contract payoff amount $23,000
Minus total auto insurance settlement -$20,0001
Plus auto insurance deductible +$1,0002
Total out-of-pocket expense $4,0003
Minus Honda GAP payment4 -$4,000
Total owed to financial institution to pay off finance or lease contract $05

Dealer Rates - New Vehicles

Definition of New Vehicle: Model year is current calendar year or newer with 6,000 miles or less on odometer.

60 $695
61 - 72 $795
73 - 84 $895

Dealer Rates - Used Vehicles

Definition of Used Vehicle: Any vehicle with 6,001 or more miles on the odometer.

60 $695
61 - 72 $795
73 - 84 $895

For GAP customer service, call 206.382.8800. If you'd like to learn more about GAP, contact Honda of Seattle today.

  1. Type and availability of GAP vary by state. GAP may not be available on finance and lease contracts in some states.
  2. Total auto insurance settlement before deductible is applied.
  3. GAP includes up to $1,000 of your auto insurance deductible (if applicable) in most states.
  4. Deficiency balance at time of total loss.
  5. Less any delinquent payments, taxes, and past-due charges. See agreement, certificate, or waiver or complete details. Some restrictions may apply.

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