What is GAP Insurance from Toyota Financial Services?

September 21st, 2018 by

Whether you get into a collision while driving down hills in Los Angeles or get your car stolen in Burbank, GAP insurance for your vehicle can help supplement your insurance settlement to ensure that you’re covered in case of a total loss. Find out how it works here, and then come by the dealership to check out the Toyota Corolla safety features.

What is GAP Insurance?

Most responsible vehicle owners understand the importance of a strong auto insurance plan, but many may not realize that most plans could leave you coming up short in certain circumstances. If you currently owe more on your vehicle than its current value, then you could benefit from the purchase of a GAP insurance plan. GAP insurance covers you in case of loss from unexpected expenses, such as a total loss of your vehicle from:

  • Theft
  • Fire
  • Accident

In any of these circumstances, GAP insurance will cover the difference between the total value of your car and the amount you currently owe so that you don’t end up with a bill on top of the unfortunate experience of having lost your vehicle.

Toyota Auto Finance Options

If you’re looking for auto lease or financing options near North Hollywood, the team at Toyota of Hollywood’s finance center is here to help you out. Chat with our experts about our low APR loan and affordable lease rates, as well as the advantages of signing up for a Toyota GAP insurance plan.

Learn More About Toyota Vehicles Near North Hollywood

The new Toyota lineup is built to keep you safe, comfortable, and entertained with features like the Toyota Entune™ infotainment system. Find everything you’re looking for in one of our new Toyota models near Glendale at Toyota of Hollywood. And stay in touch with events and news in the region, such as the construction of the Hollywood Central Park Project.


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