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GAP Protection Guaranteed Automobile Protection Our Commitment To You We have a vested interest in your complete satisfaction with your total vehicle buying experience. In fact, that is exactly why this program was originally developed. Mechanical Protection Plan® (MPP) was developed in 1979 because many consumers had purchased service agreements from other companies – only to be mistreated when requesting service or lose their coverage because the issuer went out of business. We wanted to be sure consumers had a program that would be there for them when they needed it the most. We are the Mechanical Protection Plan® (MPP). Your trusted driving companion since 1979. National Claims Assistance: 1-800-747-4400 Monday - Friday 7:30am – 6:00pm CST Saturday 8:00am – 3:00pm CST www.mpp.com The Guaranteed Automobile Protection Program is a Debt Waiver administrated by MPP Co., Inc. and underwritten by Old United Casualty Co. (dba Vantage Casualty Co. in California). 8500 Shawnee Mission Parkway, Merriam, Kansas 66202. In the States where GAP is deemed to be insurance, the Guaranteed Automobile Protection Program is a Certificate of Insurance issued by Old United Casualty Company. Please see your GAP Debt Waiver Addendum or GAP Certificate for full details. Use your smart phone to scan this code and visit MPP online. Financial Strength Rating A M BEST A Excellent Underwritten by Old United Casualty Company Your Trusted Driving Companion Since 1979 How GAP payment works Finance Contract Outstanding Balance* $25,000 Vehicle Actual Cash Value* -$17,500 Your Total Out of Pocket Obligation -$7,500 GAP Payment $7,500 Your Total Out of Pocket Obligation -$7,500 Are you sure you have Total Owed on Finance Contract* $0 Full Coverage Protection? • Are you financing more than 70% of your vehicles MSRP? • Are you financing any negative equity? $25,000 Total amount financed including taxes, title, license, etc. • Are you financing your taxes? If you answered “Yes” to any one of these questions… You do not have full coverage protection! Outstanding Balance 30% GAP ($7500) Your auto insurance policy is only obligated to pay the A tu c al actual cash value of your vehicle, not the loan amount in C as hV the event of a total loss. alu e Guaranteed Automobile Protection (GAP) gives you complete assurance! If your vehicle is deemed a total 1st 2nd 3rd 4th 5th loss, GAP helps take care of the difference between what Years of Contract your insurance company pays and the loan amount. *The above examples are for illustration purposes only. In some circumstances (such as past due payments, deferred payments, interest charges, delayed insurance Protect yourself and get settlement, or other plan limitations) the Guaranteed Automobile Protection may not take care of the entire GAP. Programs vary by state. For complete terms and Full Coverage Protection! conditions, see the Debt Waiver Addendum/GAP Certificate applicable to your state.
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