Is Safe-Guard legit?

Is Safe-Guard legit?

Safeguard Auto Review: 2.7 Stars Through our research, we found a large number of negative reviews for Safe-Guard auto warranties. Negative reviews are not uncommon in the auto warranty industry, but Safe-Guard had an overwhelming number of them.

How do I cancel Safe-Guard?

Cancellation Status Please download the appropriate Cancellation form and fax to 678-553-1374. Cancellation requests will be processed within 3-4 weeks from date received. You may access your cancellation status online or contact us at 800-742-7896.

Who owns Safe-Guard products?

Goldman Sachs Merchant Banking Division acquired Safe-Guard in 2012 and will retain a significant stake in the company.

What is GAP insurance and should you buy it?

Gap insurance—also known as guaranteed auto protection—reimburses a car owner when the payment for a total loss is less than the outstanding loan or lease balance. Gap insurance makes the most sense for people who put no money down and choose a long payoff period. For a couple of years, they may owe more on the car than its current value.

What is GAP insurance and what does it cover?

Gap insurance is an optional car insurance coverage that helps pay off your auto loan if your car is totaled or stolen and you owe more than the car’s depreciated value. Gap insurance may also be called “loan/lease gap coverage.” This type of coverage is only available if you’re the original loan- or leaseholder on a new vehicle.

Should you buy GAP insurance?

You should buy GAP insurance when you don’t have a lot of equity in the vehicle when you drive it off the lot. This situation happens when your trade-in wasn’t worth that much, or you simply didn’t put that much money down.

How do you contact GAP insurance?

Your car payments if you suffer financial hardship,resulting from any circumstance

  • Repairing your vehicle if it’s damaged but can still be driven
  • The value of a car that has been stolen or repossessed
  • Loan balances that you roll over into a new loan
  • Down payments you make on a new car
  • Extended warranty costs on your existing car or a new one