Guaranteed Auto Protection (GAP)

Don't go Unprotected - GET GAP!

You've just financed your dream car. Well, before you drive away, consider this:


  • About 15 to 20 percent of collision claims in the U.S. results in the cars being totalled.
  • An auto theft occurs every 33 seconds in the U.S. The latest statistics from the FBI indicate that 42.8 percent of stolen vehicles are unrecovered.

Vehicle prices continue to increase and at the same time members want longer loan terms and are making smaller down payments. It's typical for a vehicle's outstanding loan balance to be significantly higher than its actual cash value, especially during the first few years of the loan.

If your vehicle is totalled or stolen, your insurance settlement will be based on its actual cash value, not the outstanding loan balance. This may create a deficiency balance or a "gap".


We have the product that will prevent you from incurring a financial loss...Guaranteed Asset Protection (GAP). This product eliminates the potential for loss in the event your vehicle is totalled or stolen.

In addition to the protection GAP offers, our program offers the following advantages:


  • Enrolment is easy and coverage begins immediately.
  • We offer coverage for a variety of both new and used vehicle types.
  • Up to $1,000 of your primary insurance carrier's deductible may be covered

Without GAP you are liable for the deficiency balance. This means you could end up paying for a vehicle that you can no longer drive, while forced to purchase a replacement vehicle. Drive your dream car knowing you are safe from falling into the "gap"! To learn more about how you can add GAP to your loan, please contact a Member Service Representative today.

Auto Deductible Reimbursement (ADR)

Also, to thank you for your business we are going to provide you with a complimentary benefit called Auto Deductible Reimbursement (ADR). Please see below benefits:


  • Pay up to $500.00 per loss when a claim is filed, paid limit of two (2) losses per year.
  • Available 3 year term of coverage.
  • Coverage is effective upon the date of enrollment (no wait period).
  • Product covers ANY vehicles the member owns AND insures.
  • Auto Deductible Reimbursement is underwritten by an "A" Excellent AM Best rated carrier.

For more information on the benefits and pricing, speak to a Credit Union Representative today or visit our Guaranteed Auto Protection (GAP) website.


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