Insurance can be complex. Turn to our blog for up-to-date, relevant content to help you make the best decisions for your financial institution. With expert knowledge from seasoned industry professionals, we simplify insurance topics so you can get back to business.Reliability, Credibility, Assurance & Integrity ... the Building Blocks of State National Our commitment to reliability truly speaks volumes about our company culture and desire to always do right as a service provider.
Guaranteed Asset Protection (GAP) has always been an important component of a comprehensive risk mitigation solution for auto lenders — and in today's economy, it has become even more critical. Without GAP protecting a lender's collateralized loans, borrowers are still responsible for any deficiency balance in the event of a total loss. Francine Gagliano, Director of Client Services at State National, shares how a high-quality GAP program protects these borrowers and also protects financial institutions from charge-offs.
