Mar 14, 2025 · Formed in 2006, Guaranteed Asset Protection Alliance (GAPA) supports its members throughout the U.S. through lobbying, legislative tracking, professional association management services, and more. With a mission to preserve the viability of the GAP industry, promote fair and equitable regulation of its members and their products, while ...

Mar 14, 2025 · The Guaranteed Asset Protection Alliance (GAPA) is composed of insurance companies, lenders and administrative services companies that, together, bring valuable products to market in a responsible and competitive way.

Feb 12, 2025 · The Guaranteed Asset Protection Alliance (GAPA) is composed of insurance companies, lenders and administrative services companies that, together, bring valuable products to market in a responsible and competitive way.

A guaranteed asset protection (GAP) waiver, sometimes referred to as debt cancellation agreement, is designed to relieve some or all the difference between what is owed on the finance agreement and what auto insurance paid to the borrower.

Feb 12, 2025 · The Guaranteed Asset Protection Alliance (GAPA) is composed of insurance companies, lenders and administrative services companies that, together, bring valuable products to market in a responsible and competitive way.

Apr 20, 2018 · The terms gap “insurance” and gap “waiver” are often used interchangeably, which sounds confusing. The fact is, this gap product is best described as a waiver because it is offered by your creditor and is not actually insurance.

Feb 12, 2025 · GAP is intended to help consumers wipe away debt for a normally amortizing loan when their car is no longer drivable – for many, it helps them get into that next financed vehicle in a much better equity position.

Membership with the Guaranteed Asset Protection Alliance includes many valuable benefits, including legislative advocacy, regulatory updates, discounts on informative conferences and more. To join GAPA, please complete the following information and a GAPA representative will contact you to discuss your membership.

Sep 13, 2024 · GAP waivers help folks across the country stay protected in the event of a total loss to their financed vehicle. Legislators are making progress toward increasing the protections made available to citizens to help them find an option that works best for them.

Oct 13, 2020 · A GAP waiver, also referred to as a debt cancellation agreement, can remove the borrower’s obligation to pay some or all of the remaining balance between a vehicle’s actual cash value and the loan balance.