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Guaranteed Asset Protection

Protect your investment — and your family's finances

Guaranteed Asset Protection (GAP) pays the difference between your primary insurance settlement (usually vehicle's actual cash value) and your loan balance (if higher) in the event your vehicle is stolen, accidentally damaged beyond repair, or declared a total loss. This insurance helps to cover the "gap" and help protect you from a potential loss of thousands of dollars.

Learn More (PDF)

Purchase of MEMBER'S CHOICETM Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of GAP. If you choose GAP, adding the product fee to your loan amount will increase the cost of GAP. You may cancel the protection at any time. If you cancel protection within 90 days you will receive a full refund of any fee paid. You will receive additional information before you are required to pay the fee for this product.