• Sell Your Boat
  • Find
    droparrow iconFind
    • Boats For Sale
    • Boat Types
    • Boat Dealers
    • Outboard Motors & Engines
    • Boat Trailers
  • Sell Your Boat
  • Finance
    droparrow iconFinance
    • Boat Loans
    • Boat Loan Calculator
    • Boat Loan Rates
    • FAQ - How to Finance
  • Services
    droparrow iconServices
    • Extended Service Plan
    • Tire & Wheel Plan
    • GAP Protection
    • Roadside Assistance
    • Boat Insurance
    • Boat Transport
    • Boat Warranty
    • Boat Documentation
    • Boat Rental
    • Open a Dealer Account
  • Research
    droparrow iconResearch
    • Get Advice On:
    • Buying
    • Selling
    • Boating
    • Read
    • Reviews
  • Open a Dealer Account

GAP Coverage is a Valuable Safeguard for Boat Owners

Financial Security
Financial Security
Peace of mind knowing you won’t face significant debt in case of an unfortunate event.
Low Monthly Cost
Low Monthly Cost
Mitigates potential financial risks for as low as $25/month.
Comprehensive Protection
Comprehensive Protection
Steps in to cover areas that standard boat insurance may not.

Why Invest in GAP Coverage for Your Boat?

In the event of a total loss of your boat due to an accident or theft, GAP (Guaranteed Asset Protection) protection covers the difference between the boat’s actual cash value and the remaining loan balance so you’re protected from significant financial losses.
Get Protected

GAP Coverage is a Wise Investment for Boat Owners

Loan Balance Protection
Loan Balance Protection
Coverage for loans up to $250,000 and payouts up to $50,000.
Coverage for Deductibles
Coverage for Deductibles
Coverage for primary protection deductible up to $1,000.
Coverage for New and Used Boats
Coverage for New and Used Boats
Protection for boats up to 14 years of age.
Peace of Mind
Peace of Mind
Get on the water knowing you’re financially protected.

FAQs About GAP Protection for Boats

Can I purchase GAP protection if I paid for my boat in full without financing?

GAP protection is typically only available for boats with an outstanding loan balance.

Does GAP protection cover all types of boat loans?

GAP protection can cover various types of boat loans, including retail installment contracts and leases.

Can I add GAP protection to my existing boat protection policy?

GAP protection for boats is typically a separate coverage and cannot be added to an existing boat protection policy. It is a specialized protection product that specifically covers the "gap" between the actual cash value of your boat and the remaining loan balance in the event of a total loss. You may need to contact your protection provider or a separate GAP protection provider to obtain coverage.

How is the actual cash value of a boat determined for GAP protection purposes?

The actual cash value (ACV) of a boat is typically determined based on several factors, including its age, condition, market value, and depreciation. In the context of GAP, the ACV is the value used to calculate the "gap" between the boat's value and the remaining loan balance. Protection adjusters or appraisers may consider factors such as comparable boat sales, market trends, and the boat's overall condition to determine its ACV.

*Actual rate can vary depending on loan term and APR, or Annual Percentage Rate. Pricing reflects an example of an $8,000 service contract on a $50,000 boat financed for 240 months or 20 years. Trident Funding LLC markets and sells extended warranties on behalf of 3rd party providers and your extended warranty will be between you and the provider. Coverage, deductibles, and claims payment vary depending on vehicle age, mileage, preexisting conditions and program selected. Repairs can be made by any licensed repair facility. Program(s) available in most states. Not available in California or Florida. You consent to be contacted by email, phone, and/or text once we receive your quote submission. Texas and Wisconsin Residents: Contracts administered by Dealer Admin Services, 5810 W 78th Street, Suite 300, Bloomington, MN 55439, 877-746-4917. Vehicle names, logos, brands, & other trademarks featured or referred to within Trident Funding are property of their respective trademark holders. Extended warranties may not be sold where prohibited by law.

Connect with Us
YoutubeInstagramFacebookXReddit
Download the BoatTrader app
App StoreGoogle Play
  • Boats for Sale
  • Outboard Motors & Engines
  • Boat Trailers
  • Boat Research
  • Boating Lifestyle Calculator
  • About Boat Trader
  • Private Sellers
  • Dealers
  • My Boats
  • Boat Loans
  • Boat Loan Calculator
  • Boat Loan Rates
  • FAQ - How to Finance
  • Extended Service Plan
  • Tire & Wheel Plan
  • GAP Protection
  • Roadside Assistance
  • Boat Insurance
  • Boat Transport
  • Boat Warranty
  • Boat Documentation
  • Boat Rental
  • Become a Member
  • Cookies
  • Do Not Sell My Personal Information
  • Community Guidelines
  • Security Center
  • Site Map
Copyright © 2026 Boats Group. All Rights ReservedAd and Sponsorship Policy|Advertiser Agreement|Copyright|Privacy Policy|Terms of Use|AdChoices