Mopar Vehicle Protection's GAP Program

Effective June 2012

FOR THE ROAD AHEAD

PROTECT YOURSELF FROM THE UNEXPECTED!

The plain truth is that some Automobile Insurance Policies fall short

of covering you when you really need help the most. In the event of

a total vehicle loss or unrecoverable theft, your insurance company

may not pay off your existing loan or lease amount. That ﬁnancial

liability then becomes yours!

MOPAR VEHICLE PROTECTION RECOMMENDS

GUARANTEED AUTOMOTIVE PROTECTION (GAP)

Our GAP Program picks up where your Automobile Insurance falls

short by bridging the “financial gap” between what you owe on

your vehicle and what your insurance will pay.

WHAT CAUSES THE FINANCIAL GAP?

Most finance / lease customers don’t realize that the vehicle they

just purchased begins to depreciate the moment they drive it off

the dealership lot. At any given time during the finance period

(usually 4 to 6 years), their loan amount invariably exceeds the

“market book”, also known as the Actual Cash Value of their

vehicle. They may assume that if their new vehicle is stolen or

damaged beyond repair, auto insurance coverage will payoff the

entire remaining balance owed to the lender.

It is surprising to most customers to learn that the value their

insurance company places on their car may be substantially less

than the amount owed the lender or leasing company. The result:

a financial “gap” where the vehicle owner must make up the

difference. A liability that can easily equate to thousands of dollars.

WHAT CAN MOPAR VEHICLE PROTECTION’S GAP

PROGRAM DO FOR YOU?

In the unfortunate event that you experience a total vehicle loss

due to theft or accident, Mopar Vehicle Protection’s GAP Program

will provide the following benefits:

• Pays the difference between what you owe on your vehicle

and the settlement paid by your insurance company, including

balances due as the result of a primary carrier deductible of up

to $1,000*

• Covers the entire term of financing (up to 84 months)

• Eliminates the threat of out-of-pocket debt associated with

vehicle loss and promotes a more positive financial situation

for your next vehicle purchase or lease.

* Actual GAP payment may vary from total GAP amount on individual contracts. Please see

waiver for details on payment calculation and exclusions

GAP Plus pays the consumer an additional $1,000 benefit if

the vehicle is involved in a total loss.

Note: options are restricted in the following states: AK,FL,GA,IL,KS,MD,NY,TX,

WV,WI,OR,NV

Loan Balance Actual Cash Value

$6,000

$10,000

$16,000

$22,000

$28,000

1 5 9 13 17 21 25 29 33 37 41 45 49 53 57

Months

Above scenario represents a typical 5 year loan at 8% interest.

Note that depreciation numbers are estimated.

Area of Financial Liability

in the event of a Total Loss

Value

A TYPICAL GAP PLAN & HOW IT WORKS ...

• Loan / Lease Remaining Balance Due $24,000

Actual Cash Value – $20,000

• Difference $4,000

Insurance Deductible + $1,000

• Potential Out-of-Pocket Expenses $5,000

(without GAP coverage)

• GAP Payment (with GAP coverage) – $5,000

• Out-of-Pocket Expense with GAP $0

Deductible coverage is not available in all states. Some states may limit

coverage. Please see your waiver for details.

Note: $50,000 maximum limit of liability.

For additional details and eligibility, please see your dealer.

HERE’S AN EXAMPLE OF HOW MOPAR VEHICLE PROTECTION’S GAP PROGRAM PICKS UP WHERE YOUR

AUTOMOBILE INSURANCE FALLS SHORT:

PLAN SERVICE/TOLL-FREE NUMBERS

This brochure is for your general information regarding

this Mopar Vehicle Protection Plan. FCA US LLC markets

and issues GAP under the brand name of Mopar Vehicle

Protection.

For general inquiries or questions,

please call our toll-free assistance number:

1-800-521-9922 IN THE UNITED STATES

8:00 AM to 8:00 PM (EST) Monday through Friday

9:00 AM to 5:00 PM (EST) Saturday

To file a claim, please call

our claims assistance number:

1-866-327-6042 IN THE UNITED STATES

8:00 a.m. to 5:00 p.m. (CST) Monday through Friday

Form No. 81-770-2093

FL. Lic. #65505

CA. Lic. #0G94472

(06/16)

Mopar Vehicle Protection, P.O. Box 2700 Troy, Michigan 48007-2700

ALFA ROMEO and FIAT are registered trademarks of Fiat Group Marketing & Corporate Communication, S.p.A., used with permission.

moparvehicleprotection.com

Note: This brochure is for your general information regarding this

Mopar

Vehicle Protection plan. Services and component repairs made

prior to the purchase of this contract are not covered. Complete details

are provided in the plan provisions of the contract available from your

dealer. All transactions relating to this service contract are governed

solely by the provisions of the purchased contract.

Mopar Vehicle Protection plans are offered and issued by FCA US LLC.