Business GAP Insurance
Valued at $689 — included at no cost
Business GAP insurance is a low-cost coverage that pays the potentially high-cost difference between your insurance settlement and your loan balance.
Hurry, offer ends soon!
How Does It Work?
GAP helps borrowers avoid financial loss in the event their vehicle is totaled or stolen. Since insurance settlements are based on the car's actual cash value, they are often less than the loan balance, which creates a deficiency balance or "gap" that could jeopardize repayment. GAP waives the deficiency balance, saving the borrower and financial institution from a possible loan loss.
Vehicle Totaled or Stolen
Your insurance pays the actual cash value of your vehicle — which may be less than what you owe.
The "Gap"
The difference between your insurance payout and your remaining loan balance is the gap you'd normally have to pay out of pocket.
GAP Covers It
GAP insurance waives that deficiency balance — so you're not stuck paying for a vehicle you can no longer drive.
Terms and Disclosures
*1% origination fee. Subject to approval. Refinancing of existing BrightStar Auto Loan is not permitted. Minimum loan term of 36 months. Auto-payment from BrightStar Business Checking account required. Non-refundable GAP Insurance Commercial Rate: Valued at $689. Applies to autos, light trucks, vans, and motorcycles.
Business GAP Insurance Inquiry
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Protect Your Business Vehicle
Finance a business auto loan with BrightStar and get FREE GAP insurance — a $689 value. Don't miss this limited-time offer.