Does a MAZDA Lease Include GAP Insurance?

When you’re shopping for new vehicles, you may ask yourself: does a Mazda lease include GAP insurance? This coverage is optional, but is an excellent choice for drivers who want additional protection in case your car is stolen or totaled. Here’s everything you need to know about GAP coverage courtesy of North Penn Mazda.

What Is GAP Coverage?

Guaranteed Asset Protection (GAP) coverage is an optional coverage option that helps you pay the remaining cost of your vehicle if it’s stolen or destroyed. With GAP coverage, Mazda will help cover the difference between your car’s current value and the insurance payout in case of loss. It’s designed to help drivers reduce financial stress in case of a major accident.

What Are the Advantages of GAP Coverage?

GAP coverage is an extra bit of insurance to help you pay for the costs of a worst-case scenario. As an example, let’s say your car is totaled at a value is $5,000 and your insurance pays out $2,000 for the loss. Mazda will help cover some or all of the remaining $3,000 if you still owe more on your financing or leasing plan, ensuring that you don’t shoulder the burden alone.

Is GAP Coverage Included in a MAZDA Lease?

GAP coverage is not included in every Mazda lease option. You can add it to any vehicle you lease if you want the additional protection in case the unthinkable happens. It’s a great option for drivers who need that extra peace of mind on their leased vehicle.

Learn More About MAZDA Lease Warranties in Colmar, PA

If you want to learn more about GAP coverage on your Mazda vehicle, we have the info you need. Contact North Penn Mazda today to discuss coverage options on your new model.