ST. LOUIS, Jan. 09, 2019 /PRNewswire-PRWeb/ -- Wise F&I introduces GAPWise coverage for private passenger marine vessels; the latest in a full suite of Guaranteed Asset Protection (GAP) products offered for most vehicles on the road—and off. GAPWise is a voluntary automotive protection product that provides coverage on marine vessels in the event of a total loss due to accident or theft. GAPWise coverage is available nationwide at participating automotive, power sport, RV or marine dealerships.
Wise F&I has been a locally owned St. Louis business for 30 years and is a leader in the automotive finance and insurance industry. To best meet the needs of the marine vessel owner, GAPWise coverage is available for a privately owned boat, yacht or personal watercraft, measuring 50 feet or less. GAPWise offers dealerships fully compliant GAP coverage. "We are celebrating 30 years in business this year, as well as 30 years of being a GAP provider," said Matt Croak, President, Wise F&I, "and we are pleased to be able to extend our reach through the availability of marine specific GAP coverage. Wise F&I strives to innovate in ways that put the consumer first and to always provide peace of mind in the event of a total loss whether that be for a vehicle or a watercraft."
Along with coverage for marine vessels, GAPWise provides GAP coverage for new or used automobiles, light trucks and SUVs in all 50 states as well as coverage for commercial vehicles; recreational vehicles and power sport vehicles, including Harley Davidson-specific coverage. GAPWise is flexible, with options for franchise and independent dealers; standard, flex or buy-here-pay-here financing; with private label options. The availability of specific coverage benefits varies by state and specific GAPWise form.
About Wise F&I
Wise F&I has a long history of success in the automotive finance and insurance space, initially specializing in Guaranteed Asset Protection (GAP) then expanding over the years to now include a full array of F&I products including: Tire and Wheel Protection, Appearance Care Service Contracts, Diminished Value Protection, Theft Deterrent Systems, Vehicle Service Contracts, Key Replacement and other voluntary protection products. Wise F&I branded products are marketed through independent agents to automotive dealers. Additionally, Wise F&I supports private label programs and strategic partnerships with automotive lenders and finance companies on both a national and regional basis. All products are fully compliant and underwritten by an A- rated (or better) insurance carrier and available through online contracting.
Wise F&I's experience allows the delivery of complete contract origination solutions supported by efficient and accurate claims and cancellation processing. With a focus on building partnerships, and a priority on customer service, Wise F&I is the F&I provider of choice.
SOURCE Wise F&I