RV GAP Coverage Asset Protection
Lichtsinn RV has partnered with Portfolio to deliver the reliable, valuable coverage you need to protect your investment.
You can protect yourself in the event that your motorhome is totaled as a result of theft or collision!
If it is determined that your RV is a total loss due to an accident or theft, your insurance company will pay you the actual cash value of your motorhome at the time of loss, not the remaining balance on your loan, which may be significantly different.
You remain liable for covering the cost difference between the payout from your insurance company and the remaining amount you owe on your loan on top of your deductible and other expenses. This situation can quickly add up to thousands of dollars out of your pocket. GAP Coverage can help avoid this costly expense.
There are many benefits to choosing GAP Coverage for your motorhome:
- Easy and stress-free claims process
- Complete risk protection
- Protection for the term of your lease/loan (maximum 84 months)
- Applicable for motorhomes up to $500,000
- Paid benefits up to $50,000
- Coverage of deductible up to $1,000
- Low monthly cost
See the demonstrative chart below to learn more about RV GAP deficiency protection.
For more information, contact the Lichtsinn RV Business Office at 641-585-3213.
Request a Quote or Receive Additional Information on GAP Coverage