Frequently Asked Questions

What is DAP?

DAP (Diminished Asset Protection) provides a credit up to $5,000 towards the customer's next vehicle purchase or lease from the selling or an affiliated dealer if the covered Vehicle is in a Collision Accident and the cost to Repair was determined by the Primary Insurer to be at least five hundred ($500) dollars. However, coverage is contract specific and might be subject to certain limitations and exclusions (which are available on the back of your original DAP contract). DAP does not cover any interest or late fees that accrue on the balance after the date of loss.