Protective Adds GAP To Marine and Powersports Lineup
The Marine and Powersports groups of Protective’s Asset Protection Division have added GAP coverage for its marine and powersports dealers. This new product offering provides broader coverage for consumers purchasing new and pre-owned boats, and a variety of porwersport products.
ST. LOUIS — The Marine and Powersports groups of Protective’s Asset Protection Division have added GAP coverage for its marine and powersports dealers. This new product offering provides broader coverage for consumers purchasing new and pre-owned boats, and a variety of porwersport products.
“We are happy to bring GAP to our dealerships as another valuable revenue tool to help them further grow their business,” said Chris Bernish, vice president of FPC Dealer Sales. GAP offers value to consumers buying a new or pre-owned boat, or powersport item such as a sport bike or a jet ski, he added.
Protective GAP is designed to cover the difference, in most cases, between the scheduled asset pay-off amount and the asset’s actual cash value. It will cover a customer’s primary insurance deductible up to $1,000 in certain states. Protective GAP is available for most new and pre-owned marine assets. The maximum loan term is 240 months. Coverage is available for the first seven years of the loan term.
Coverage is available for most financed new and pre-owned sport bikes, snowmobiles, UTV’s, ATV’s, cruiser bikes, touring bikes, scooters, Lehman trikes, off-road bikes, dual bikes and personal watercraft such as jet skis.
“We expect GAP to be a welcome addition to the current Protective products for our powersport dealerships. Our dealers have been asking for a GAP solution and we are happy to be able to offer it to them,” said Bernish. “Our GAP coverage is a nice addition to our core service contract and accessory program business.”
Phase one of the Protective GAP rollout is now available in twenty states. For more information about Protective’s GAP, call 800-328-8690.
More F&I

AI: Facilitator, Not Fixer, in F&I
The dealerships that thrive in the years ahead will be those that embrace technology while continuing to invest in the people who make customer interactions count.
Read More →
Modern Technology Objection Handling
In this video, Trent White shares how to confidently handle technology-based objections by helping customers understand the value of protection, even with modern vehicle technology.
Read More →
Consistency at Scale: Driving F&I Performance
With 75 rooftops across the Sunshine State, Morgan Auto Group has proven to Floridians that it knows a thing or two about driving performance in a competitive market. But it didn’t start at the top.
Read More →
Gitty Up on GAP
The foundational finance-and-insurance product hasn’t kept up with the latest conditions for auto dealers. Is the time ripe?
Read More →
How AI-Powered Coaching Is Transforming F&I Performance
See how AI-powered coaching can turn F&I customer conversations into actionable insights that support compliance, performance and profitability
Read More →
Sell Value, Build Trust
In this video, Trent White explains why selling on value, not fear, builds lasting customer trust, reduces cancellations, and drives long-term success.
Read More →
F&I Sales Give Dealers First-Half Lift
Product business shored up total profits to avoid an overall revenue tanking as product penetrations held steady, StoneEagle reported.
Read More →
Targeted Training Drives Results
Today’s technology, instead of threatening F&I managers, can actually make them better, according to an industry veteran who’s watched market setbacks roil the unprepared.
Read More →
Double the Change, Double the Chance
When an F&I manager gets a customer refusal, it’s a wise move to tweak more than one thing in the product offering.
Read More →
Just Do It
F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.
Read More →