Lawless Harley-Davidson® of Scott City
2100 E. Outer Road, Scott City, Missouri 63780

Guaranteed Asset Protection (GAP) Program

Guaranteed Asset Protection (GAP) Program

If your Harley-Davidson® motorcycle is stolen and never recovered, chances are you'll have to pay the "gap" between your insurance company balance and the loan balance. Don't assume that your primary insurance will cover any loss related to your motorcycle. In reality, the actual cash value that an insurance company places on your bike may be substantially less than the outstanding balance on your loan. Who pays the difference or the “gap” between your insurance company and your loan payoff? You do!

GAP Example



Loan contract payoff:


Insurance settlement amount:


Your motorcycle insurance deductible is:


Making your total out-of-pocket expense:


Our Guaranteed Asset Protection (GAP) Plan covers:                  


Total you now owe to pay off your loan: