If you’ve just purchased or are considering purchasing a new Harley Davidson Motorcycle from your local Harley Davidson dealer, you might want to consider investing in GAP insurance for your new bike. GAP insurance, otherwise known as guaranteed asset protection, is a wise investment. If your Harley Davidson motorcycle would ever become stolen or damaged beyond repair, Harley Davidson GAP insurance would cover any gap between what you owe on your motorcycle and what the insurance company is willing to pay for your loss. GAP insurance provides peace of mind for anyone buying a Harley Davidson and financing their new or used bike through Harley Davidson Financial Services. Hopefully you’ll never need to use your GAP insurance policy, but if you do you’ll be glad you made this wise investment in your Harley Davidson motorcycle.
How Can I Benefit From Harley Davidson GAP Insurance?
Imagine for instance you buy a new Harley Davidson motorcycle from your local Harley Davidson dealer, and on your way home from picking up your new bike you decide to stop somewhere to celebrate the purchase of your new Harley Davidson. You finish celebrating the purchase of your new Harley Davidson motorcycle only to discover your new Harley Davidson is gone. Someone stole your new Harley Davidson motorcycle just miles and minutes from your local Harley Davidson dealer. What do you do now? Of course you call the police and file a report, and you contact your insurance company to make them aware of your loss. You figure your new Harley Davidson is totally covered, right? After your motorcycle insurance agent gets back to you with a quote, you are shocked to find out the insurance company is only going to cover a portion of what you owe on the bike. You are now stuck paying the difference, and because of financial loss you can’t afford to pay for another new bike. This isn’t just a made-up narration. This scenario can actually happen.
Span the gap between what you owe on your new Harley Davidson motorcycle and what your insurance company would pay if your bike should become damaged or stolen. Consider signing up for Harley Davidson GAP insurance the same day you finance your new bike through Harley Davidson Financial Services. Signing up is easy, affordable, and well worth the cost even if you never have to use your GAP insurance policy. The cost is worth the peace of mind you will gain by signing up for this valuable Harley Davidson insurance plan.
How Does Harley Davidson GAP Insurance Work?
A Harley Davidson GAP insurance plan will pay off the balance of your Harley Davidson motorcycle loan if your new or used motorcycle is determined to be a total loss because of an accident or theft. A Harley Davidson GAP insurance plan will even cover your motorcycle insurance deductible for up to $1,000. Your Harley Davidson GAP insurance plan will also pay as many as two overdue payments if your bike should become a total loss. This valuable plan is available for any new or used motorcycles valued up to $100,000.
When signing up for your Harley Davidson GAP insurance plan, you can opt to sign up for an additional offer. For complete protection and help in purchasing another new motorcycle, you can sign up to receive a $1,000 credit to apply to the cost of a new bike. Hopefully you will never need to use your Harley Davidson GAP insurance policy, but having the knowledge that your finances are protected is worth every dime.
A friend of mine bought a new Ultra Classic from Harley Davidson, and about a month after he rode his new bike home, his brand-new motorcycle was taken from his driveway in broad daylight. His new Ultra Classic Harley Davidson motorcycle was never recovered. Not considering taxes, my friend paid a grand total of $19,400 for his new bike, and the insurance company was only willing to pay 13,900, leaving him with a balance due of $5,500. After he paid the $500 insurance deductible, my friend was out $6,000. Luckily the GAP insurance he bought through Harley Davidson Financial Services paid the difference. If my friend didn’t have GAP insurance through Harley Davidson, not only would he have lost his bike, he would have also been out $6,000. He wouldn’t have been able to afford another new bike to replace the one that was stolen.
I would never consider a new or used Harley Davidson motorcycle without a GAP insurance plan from Harley Davidson. People often have the mind set, it can’t happen to me, but it can. Sign up for GAP insurance when you purchase your new Harley Davidson and gain the peace of mind that could very well save you from a devastating financial loss.
