Allstate Dealer Services Launches Interactive GAP Tool
JACKSONVILLE, Fla. – Allstate Dealer Services (ADS) has launched the F&I industry’s first customizable guaranteed asset protection (GAP) interactive tool. CarMor Build Your GAP will enable ADS’ independent agents to build GAP products that are customized to meet their auto dealers’ specific needs in three easy steps:
1. Build
Obtain real-time rates
Identify high-risk dealers instantly
2. Sell
Select products
Create estimates for comparison
Add up to three over remits
Re-quote as needed
3. Sign
Print pre-populated dealer agreements and W-9
“We feel that this new interactive tool will provide better solutions for our independent agents and their dealers to build GAP products that meet their needs,” said ADS President Tony Wanderon. “It’s part of our larger focus of offering F&I solutions to our customers on their terms.”
CarMor Build Your GAPSM also has other features designed for the convenience of dealer-lenders such as side-by-side comparison of the 120 percent and 150 percent loan-to-value options and interactive pricing based on product options such as GAP Plus or Commercial use. In addition, the $1,000 Additional Loss Benefit Option is now available on the 120% MSRP program for franchised dealerships.
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