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Add Peace of Mind to Labor Day Car Purchase

  • August 31, 2021
  • Uncategorized

As Labor Day arrives to mark the end of the summer season, the auto industry is cutting prices in order to move out old inventory and make room for new models. There’s no doubt that car buying during COVID hasn’t…

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How to Avoid Costly Mistakes When Presidents’ Day Car Buying

  • February 10, 2021
  • Uncategorized

TALLAHASSEE, Fla. – While many Americans will enjoy a restful day of relaxation this Presidents’ Day, many will be cashing in on Presidents’ Day car-buying deals. The Service Contract Industry Council, Guaranteed Asset Protection Alliance, and Motor Vehicle Protection Products…

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As Auto Prices Increase, Auto Service Contracts, GAP Waivers and Vehicle Protection Products Become Even More Important

  • January 26, 2021
  • Uncategorized

TALLAHASSEE, Fla. — New vehicle prices have steadily been on the rise with the fourth quarter of 2020 closing with the average cost of a new vehicle reaching a record high of more than $40,000. Additionally, the amount consumers borrowed…

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What is a GAP waiver, and why do I need one?

  • October 13, 2020
  • Uncategorized

Losing your shiny new car to theft or a car accident is stressful enough, but then owing more than insurance will pay for a car you can no longer drive adds insult to injury.  When it comes to buying or…

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News Release: February Is Prime Time For Car Shopping

  • February 17, 2020
  • Uncategorized

Consumers Urged to Shop Smart and Protect Their Investment TALLAHASSEE, Fla. — Besides hearts and flowers, February is the month for car deals – and dealerships everywhere are attracting consumers with lower sticker prices, cash-back offers, and special financing. But…

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Presidents Day Tips

  • February 17, 2020
  • Uncategorized

Buying a car this Presidents Day? Consider these tips before heading to your local dealership. https://youtu.be/AmnJTMmeeiw  

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Automotive News: A tussle over GAP for military members

  • March 14, 2019
  • Uncategorized

A change to the Military Lending Act, designed to protect service members, has instead left some in financial distress. And it has dealers, particularly those near military bases, wrestling with how to comply with the law. A December 2017 interpretation…

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Totaled car on tow truck.
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Buying GAP insurance on a car could save you thousands

  • August 2, 2018
  • Uncategorized

Hopefully, the Mississippi's leadership on this issue will inspire similar legislation extending free-look periods on GAP waivers throughout the nation. Read Full Story

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New Law Provides Free-Look Period on GAP Waivers for Consumers in the Market for a Vehicle

  • July 24, 2018
  • Uncategorized

JACKSON, Miss. — People who buy a car and purchase a GAP waiver in Mississippi now have added peace of mind thanks to a new law championed by the Guaranteed Asset Protection Alliance (GAPA) that took effect Sunday. This state…

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WCPO Reports: ‘Car catches fire, single mom still owes $6,000’

  • June 6, 2018
  • Uncategorized

Consumer reporter John Matarese at WCPO Cincinatti recently shared a real-life example of someone who didn’t get a gap waiver. Fortunately, this single mom and child are safe, but a gap waiver could have saved her the stress of having…

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Recent Posts
  • Add Peace of Mind to Labor Day Car Purchase August 31, 2021
  • How to Avoid Costly Mistakes When Presidents’ Day Car Buying February 10, 2021
General Counsel and Executive Director for GAPA is Tim Meenan

The Guaranteed Asset Protection Alliance (GAPA) is composed of insurance companies, lenders and administrative services companies that, together, bring valuable products to market in a responsible and competitive way.
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    P.O. Box 11247
    Tallahassee, Florida 32302-1247

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