Considering that your powersports vehicle loses value once you drive away from the powersports dealership of your choosing, it’s important to also recognize that your powersport vehicle will continue to lose value over time — it’s called depreciation and it happens to be one of those sad facts of reality that we all have to contend with. If you only have standard auto insurance and you owe more than your vehicle is worth at the time of theft or accident, you might be wishing you had GAP insurance, which is why it’s important that the idea doesn’t come too little or too late.
Torque Group offers GAP insurance that will help pay the difference between your loan balance and the ACV (Actual Cash Value) of your vehicle. Our GAP 150 insurance provides the highest coverage that the powersports industry has to offer. We offer GAP insurance for both new and pre-owned financed powersport vehicles.
Customers can benefit from our GAP insurance plans that will end up paying the difference between NADA retail value or insurance settlement of your vehicle and your powersport vehicle loan balance, that way you don’t get stuck continuing to have to pay for a powersport vehicle that you are no longer have access to or are in the position to enjoy.
We have plans that end up paying up to $1000 of your deductible, too, which means that you’ll be able to sleep comfortably knowing that in any event, you’re going to be completely covered and that, with Torque Group, you’ll never have to worry about being in the precarious financial situation of having an underwhelming insurance settlement again. Contact Torque Group today to learn more about our company. We have an over 15-year track record of helping powersports dealerships achieve new growth through extensive F&I products and services.
