Equity Protection
Help your borrowers get a TotalRestart after an insurance settlement.
A New Revenue & Loyalty Opportunity
Why Frost Equity Protection?
Program Choice
Individual or Blanket. Exceed borrower expectations and never oversell.
Menu-selling Platform
It’s all there on VisualGAP. Borrowers select just what they need.
Borrower Loyalty
Borrowers replace their car. You earn repeat loan business.
Generate More Profits
Develop another non-interest income stream.
Borrower Benefits
TotalRestart can restore lost equity in a totaled vehicle due to depreciation. Yes, even with GAP. Because while GAP helps cover the outstanding loan balance, it won’t replace a borrower’s down payment. TotalRestart Equity Protection provides the funding to help borrowers get back on the road in a similar vehicle.
GAP makes your institution whole. Help do the same for borrowers.
Institution Benefits
Blanket or Individual
With Frost, you get the choice of either packaging with your GAP or offering TotalRestart as a stand-alone product. So your borrowers can purchase just the protection they need.
Tailored plans custom fit for your institution
Fee Income
Increase GAP sales by providing a clear value proposition on those loans where GAP benefit appears marginal. Plus offer separately for borrowers who may not have a need for GAP.
Multiple roads to increasing revenue
Lock in Future Loans
Increase borrower loyalty after a total loss. The reimbursement benefit is only available if they finance their replacement vehicle with your institution.
Miles of smiles for years to come
