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1.888.209.4999

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Travel insurance Quote

Level of protection: $

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Travel

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Car insurance Quote

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Life insurance Quote

Level of protection: $

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TrueGap protection

TrueGap protection

In the event your vehicle is deemed a total loss due to fire, theft, vandalism or an auto collision, your auto insurance policy usually only covers the fair market value of your vehicle. Due to the depreciation of your vehicle, the amount you owe your lender or lease company may be more than your insurance settlement, sometimes thousands of dollars more.


AssureWay’s TrueGap Protection will cover the difference between your insurance settlement and your outstanding loan amount at the time of the loss.

TrueGap protection Example:

You finance/lease a new or used vehicle for $14,000. A year later your insurance company deems your vehicle a total loss due to an accident or a theft. Based on the current market value of your vehicle, your insurance company settles a claim with you in the amount of $9,000. Your outstanding loan amount with the finance company is $12,000 thus leaving you with a loss of $3,000, this is called Negative Equity. Our TrueGap Protection will cover the difference, so you don’t have too. It’s incredibly simple.

We pay the difference between the settlement amount and your current loan amount.
TrueGap Protection is available on all vehicles (up to 10 years old)
You can be covered for up to 96 months or the full term of your loan.
We’ll pay the insurance shortfall up to $50,000
We will even cover your deductible of up to $1,000

Testimonials

What our Clients say?

STAY PROTECTED WHEN YOU BUY YOUR NEXT CAR GO TO ONE OF OUR DEALER PARTNERS.

FIND A DEALER

I was surprised when it happened that I needed Gap coverage. Then I was pleasantly surprised by the outcome! Thanks Assureway

JENNY January 05, 2017

You guys are wonderful, I would definitely recommend you to anyone buying a car. Thank-you!

CLAIRE October 12, 2017

It’s a good option to have when you purchase a car!

Dave October 25, 2017

Head Office

170 Brockport Drive, Suite 206
Toronto, ON M9W 5C8

AssureWay Group, operated by Affinity Insurance Inc.
38 Greensboro Drive, 2nd Floor,
Toronto, ON M9W 1E1

416.484.4545
ww.bondsurery.ca

Contact details

E-mail: [email protected]

1.888.209.4999

Fax: 1.888.878.7424

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