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.
More Industry

World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →
Auto Affordability in Context
Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.
Read More →
Black Book: Weekly Market Update
Automotive auction inventory increased last week, giving choosy bidders even more leeway.
Read More →