Most lien holders  require that you carry full coverage insurance while making payments on a vehicle. At Auto Advantage Finance, we offer a product called “Collateral Protection” that requires you to only carry liability insurance and pay a small “Collateral Protection” premium.

Although it is not the exact same as full coverage insurance, it offers many of the same benefits and in most cases, even more. We have found it saves some of our customers as much as 40%!

• Costs as low as $2 per day
• You deal directly with us; no third party adjusters or out-of-state call centers. Processing your claim is easier and faster this way
• If you are involved in a collision and your vehicle is deemed a total loss, “Collateral Protection” covers the entire balance of the loan. No need for GAP Insurance!
• Rates stay the same for the life of the loan, with easy payment terms
• We work with you every step of the way