Will you owe more on your vehicle loan than your vehicle is worth?
Guaranteed Asset Protection is like an airbag for your vehicle loan.
A wrecked vehicle can wreck your finances if you owe more on your loan than your insurance will pay.
The second you drive your new vehicle off the lot it drops in value. More than 20% after one year. This creates a gap in coverage.
Our Guaranteed Asset Protection (GAP) program may reduce or eliminate the gap between what your vehicle insurance will pay and what you owe on your loan, if your vehicle is deemed a total loss. It can help cushion you and your family against sudden out of pocket expenses.
Get GAP today so you can worry a little less about tomorrow.
Auto Deductible Reimbursement
A complimentary benefit provided by your credit union
Our Guaranteed Asset Protection (GAP) program includes Auto Deductible Reimbursement (ADR), which is designed to provide financial relief when your vehicle is damaged but not deemed a total loss. If repairs cost more than your deductible, the deductible amount is applied to your vehicle loan at the credit union, reducing what you owe. ADR covers vehicles registered in your name and insured under your individual primary auto insurance policy.