Pick up coverage for when traditional insurance falls short.
$499 for Car, Trucks, and SUVs, $449 for Motorcycles
Roll this low cost into your Tower vehicle loan for ultimate convenience, or pay with funds on deposit.
Up to $500 for minor collisions in the first 36 months of coverage on an unlimited number of claims. Not available for motorcycles.
Advantage Benefit
Receive $1,000 toward the purchase of a replacement vehicle financed with us.*
PowerBuy™ Benefit
Get up to $5,000 toward the purchase of a replacement vehicle financed with us.*
Rely On Our Expertise
A dedicated, knowledgeable Tower claims advocate works on your behalf.
Think about a scenario you don't really want to consider: Your vehicle is totaled in an accident, or stolen. The amount of money you receive from your insurance company's payout might not be enough to cover the outstanding balance on your vehicle loan, leaving you on the hook. GAP Advantage with PowerBuy™ takes over, eliminating or reducing your loan's remaining balance and providing you additional money to finance your new or used car, light truck, van, SUV, or motorcycle with Tower.
Without GAP Advantage with PowerBuy
Your auto investment may not be covered.
With GAP Advantage with PowerBuy
Your auto investment is covered, along with the money for a replacement vehicle.
| Payment Type | Amount |
|---|---|
| Vehicle Actual Cash Value | $17,500 |
| Insurance Deductible | -$500 |
| Check amount from Primary Insurance | $17,000 |
| Loan Balance at time of Loss | $23,000 |
| Check amount from Primary Insurance | -$17,000 |
| Remaining Loan Balance (amount owed without GAP) | $6,000 |
| With GAP Advantage with PowerBuy | -$6,000 |
| Final Loan Balance | $0 |
| Auto Advantage Protection | +$1,000 |
| PowerBuy Benefit | +$5,000 |
| +$6,000 |
With GAP Advantage with PowerBuy you could receive up to $6,000 toward your replacement vehicle.
Call 866-56-TOWER, Email: [email protected]
