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Mercedes-Benz Financial Services First Class
Guaranteed Auto Protection (GAP)

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A Mercedes-Benz is designed and equipped with some of the most advanced engineering and protection features available in today’s automobiles. Now we take protection one step further with Mercedes-Benz Financial Services First-Class Guaranteed Auto Protection. If your vehicle is ever stolen or totaled in an accident, there could be a difference between what your auto insurance carrier covers and what you still owe. That’s where Mercedes-Benz Financial Services First-Class Guaranteed Auto Protection comes into place. Helping to cover this difference. This coverage may also reimburse for the out-of-pocket cost of an insurance deductible up to one thousand dollars. Mercedes-Benz Financial Services First-Class Guaranteed Auto Protection: because when you drive an engineering marvel you know that protection including the financial kind makes very good sense.

If your Mercedes-Benz vehicle is stolen or declared a total loss in an accident, there can be a significant difference between the amount your insurance company will cover and the balance owed to Mercedes-Benz Financial Services. First Class Guaranteed Auto Protection helps cover this difference, and with it you may also be reimbursed for the out-of-pocket cost of your insurance deductible, up to $1,000 where allowable by state law.

Consider this scenario:
You purchase a $60,000 Mercedes-Benz vehicle. Seven months later, you get into an accident that totals your car.

$55,000	(Loan payoff)
-$50,000	(Insured amount)
$5,000	(The gap)
+$1,000	(Insurance deductible)
$6,000	(Potential out-of-pocket expense)
-$6,000	(Covered by First Class Guaranteed Auto Protection)
$0	(Amount you owe)

Mercedes-Benz Guaranteed Auto Protection (GAP)

This is intended as a general description for Guaranteed Auto Protection. GAP is an optional product which may not waive the entire balance owed on your finance contract. The GAP amounts may vary by state and there may be amounts for which you remain liable, such as late charges, past due amounts, and other fees. GAP does not apply to a vehicle used for commercial purposes, or loss or damage due to fraud or illegal acts, intentional damage, legal confiscation or repossession of the vehicle. GAP may not be available in all states or for all vehicle models. This product is available at the time of vehicle sale only. GAP is a product of and administered by individual member companies of Zurich in North America, and is marketed through Mercedes-Benz Financial Services. Please see your dealer for more information and refer to the First Class Guaranteed Auto Protection Agreement for details and exclusions.Back to content