Notice 034: GAPWise Form Approved by American Honda Finance Corporation and Acura Financial Services Effective 4/12/21
April 9, 2021
We are pleased to announce that the GAPWise form GWHFS_FG238 has been approved by F&I Sentinel for use with American Honda Finance Corporation and Acura Financial Services. This will go into effect April 12, 2021. It is available in all states except Colorado, Maine, Maryland, New York, and Texas.
The GAPWise GWHFS Form Includes:
• Coverage for both new and used vehicles
• Three-tiered pricing based on loan term: 0-60 months, 61-72 months and 73-84 months
• Blended-tier pricing option: 1-84 months
• No chargeback at claim time, fully earned
• Primary Carrier deductible coverage up to $1,000
• Unlimited LTV
In case you were wondering, a similar EQUITYPROTECT GAP form (EPHFS_FG240) has also been approved for use with American Honda Finance Corporation and Acura Financial Services.
We know that you may have questions or concerns; so, please contact your Account Executive to review the details and the applicable form specific pricing. Also, please don’t hesitate to ask about the other GAP forms that Wise F&I has had approved by F&I Sentinel for use with other OEM captive lenders.