AirstreamGAP Waiver
Guaranteed Asset Protection (GAP) waivers help you plan for the unexpected. If your Airstream is stolen, totaled, or damaged before delivery, GAP coverage helps bridge the difference between value and loan balance, reducing or eliminating out-of-pocket costs and adding financial confidence.
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Plan ahead with GAP coverage that helps safeguard your investment and keeps you protected when the unexpected happens.
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Trusted Partners
The Airstream GAP Waiver – underwritten by Nationwide® and administered by Phoenix American Companies – is your stop-loss peace of mind. Take a look at how it works, then contact your dealer for more.
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How it Works
The Airstream GAP Waiver includes travel trailer coverage of up to $25,000 and touring coach coverage of up to $50,000 with a $1,000 maximum payment for your primary insurance deductible. Once you file a claim and pay your deductible, your GAP deficiency balance (up to your covered maximum) is paid to your lender on your behalf, pursuant to the terms of the Airstream GAP Waiver.
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Why is a GAP Waiver Needed?
If you’ve financed your RV, the amount left on your loan may exceed the market value of the RV at a given point in time. If that’s true at the time of a total-loss accident or theft, there will likely be a “gap” in what your insurance covers and what you still owe on your loan. The Airstream GAP Waiver prevents you from having to pay that gap out of pocket.