Guaranteed Asset Protection Insurance (GAP)

Designed to cover your unpaid auto loan balance in the event your vehicle is stolen or damaged beyond repair.

 
 
  • Must-have protection for members who financed 80% or more of their auto purchase
  • Protects your credit rating
  • Mitigates out-of-pocket expenses for the remaining loan balance after loss settlement
  • May receive $1,000 towards financing of replacement vehicle
  • You may purchase up to one year from effective date of loan

Facts

  • When you drive your new car off the dealer's lot, it depreciates 10-15% of its value
  • One vehicle is stolen in the U.S. every 27 seconds
  • Every year a half million vehicles are totaled due to accident, fire, and theft

Call (800) 848-5654, option 5  |  Find a branch

 

Facts provided by the Highway Traffic Administration, National Insurance Theft Protection, and Auto Theft Information Authority