Old Republic Insured Automotive Services, Inc. (ORIAS) and its predecessor companies have offered automobile warranty plans to automobile dealers, financial institutions and vehicle manufacturers throughout the United States since 1974.
Old Republic is a full service marketing and administrative company providing automobile service contracts, mechanical breakdown insurance, and guaranteed asset protection (GAP) plans.
Old Republic is both the obligor and administrator for all ORIAS products. All claims are adjudicated and paid by employees of ORIAS. There is absolutely no third-party intermediary involvement. All programs are fully insured by Old Republic Insurance Company (ORINSCO), which is rated A+ (Superior) by A.M. Best.
Old Republic GAP Highlights
- Pays Off Loan or Lease When Insurance Payout Isn't Enough
- Covers New and Used Vehicles
- Coverage for Cars and Light Trucks
- Web site: Old Republic
Old Republic GAP Guaranteed Asset Protection
- Covers the financial gap between the actual cash value of your vehicle and the payoff amount of your loan or lease in the event of total loss related to fire, theft or collision.
- Covers your insurance deductible up to $1,000.*
- Low monthly cost.
- Available for automobiles and light trucks.*
- Available on new and used vehicles for both loans and leases.
- Protection for vehicles valued up to $100,000.*
- Waives losses up to a maximum of $50,000.*
- Replacement benefit pays $1,000 toward replacement financing or purchase through your original GAP source.*
GAP Protection Benefits
- Covers the amount of a loan or lease that's not covered by your current insurance policy.
- Covers the deductible of your existing insurance policy.
- Releases you from the burden of paying off a loan or lease on a stolen or totaled vehicle freeing you financially to pursue another purchase. So you'll never make payments on a car you can't drive.
- Available on new and used vehicles for both loans and leases.
- Provides so much peace of mind for so little money.
