The open road becomes your playground when you live the RV lifestyle, and adventure awaits around every corner. Unexpected mishaps, however, can turn a dream trip into a financial nightmare. This is where RV Gap comes to the rescue.
Principal RV Gap:
RV Gap, also known as Guaranteed Asset Protection, is a protection plan tailored to shield RV owners from draining their wallets in the event of theft, irreparable damage, or a declared total loss under the insurance policy. It serves as a safety net, paying the difference between the total loss insurance payout and the balance on your RV loan.
Why Do You Need RV Gap?
- Debt Cancelation: While your insurance may cover some of your RV’s value in the case of theft or a total loss, there’s often a gap between their payout and what you still owe. RV Gap steps in to bridge this gap, canceling your debt so you’re not left with an unexpected financial burden.
- Credit Rating Protection: Your credit score is important, and defaulting on a large RV loan could have big consequences. With RV Gap, you can rest easy knowing that even with a total loss, your credit rating can remain intact, allowing you to preserve your financial stability.
- Preserve RV Value: RVs are a big investment, and their value can depreciate quickly. RV Gap makes sure that you can walk away from a total loss without worrying about finances. This way, you can plan for your next RV adventure knowing your RV’s value is safeguarded.
- Get Rid of Financial Worry: Coping with the loss of your RV is hard enough without the added worry of financial concerns. RV Gap helps you recover faster and get back on the road for your next adventure.
Safeguarding your RV Investment with Principal RV Gap:
RV Gap is a crucial safety net for RV owners to provide peace of mind and financial security in the face of unforeseen accidents or theft. It cancels your debt, protects your credit rating, preserves your RV’s value, and eliminates the worries associated with potential financial burdens. Do not let a total loss or theft of your RV derail your plans. Invest in Principal RV Gap and hit the road with confidence, knowing you’re protected every mile of the way.
Contact us today to learn more about our comprehensive vehicle service contracts and how they can benefit you. Remember, at Principal Warranty Corp., we’re committed to keeping you on the road with confidence and peace of mind.
Principal Warranty Corp. is a customer-centric organization that prides itself on providing and administrating automotive and recreational vehicle F&I products and wealth-building programs with an exceptional customer service experience for dealers, agents, and contract holders nationwide. Our full suite of F&I products for auto, RV, and powersports includes exclusionary and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. PWC is located north of Seattle in Burlington, WA.
For more information, visit our website at www.principalwarrantycorp.com.