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CONGRATULATIONS!
You just sold a GAP Agreement!
This agreement protects your customer from theft, fire, flood and collision. GAP protection covers the potential loss your customer may have if the insurance company pay-off is lower than the loan amount left on the vehicle. And that's a headache your customer can do without.
After completing the GAP Agreement Form for your customer do not forget to print 3 copies.
- One copy for you (the lender)
- Second copy for your customer (the borrower)
- Third copy for the administrator (Lawrence Simon & Co.)
*Be sure to have your member sign the forms.
Please remember to mail the administrator's copies of the GAP Agreement forms with a check by the 15th of each month.
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To view the GAP Agreement PDF you must have Acrobat Reader 4.0 or above. Click here to download the latest version. |
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