If you're in an accident and your insurance company totals your vehicle, will they also pay off your loan? Don't assume so. Protect yourself with our Guaranteed Asset Protection (GAP).
GAP helps cover the difference between the actual cash value of the vehicle (primary insurance company settlement) and the outstanding loan balance at the time of the loss.
What can GAP do for you?
- GAP helps pay off your remaining loan balance if your vehicle is stolen or damaged and deemed to be a total loss
- GAP helps clear your credit, allowing you to start fresh when you purchase a new vehicle
- GAP is inexpensive and can be included as a small addition to your monthly loan payment
As a local credit union, we measure our success one member at a time. We want to get to know you and help you achieve your goals. Come into a branch or call us today. Our people are happy to serve you.