GAP Plus Coverage + Auto Deductible Reimbursement
Total Loss Protection...and then some
If your vehicle is stolen or damaged and deemed a total loss, Guaranteed Auto Protection (GAP) PLUS will help cover the difference between what you may owe on your auto loan and what your insurance company determines your vehicle to be worth. “PLUS” the additional benefit of a $1,000 deduction toward your next vehicle loan at USSFCU.*
Purchase GAP PLUS from USSFCU and receive complimentary Auto Deductible Reimbursement:
Pays up to five hundred dollars ($500) per Loss (UNLIMITED losses per year) when a loss is filed and paid by the auto insurance company for a covered auto a member owns or leases evidenced by the title, registration or loan document, AND insured under an auto insurance policy designating the member as the named insured.
Loss means an event for which the auto insurance company has approved and paid a collision or comprehensive claim which exceeds the auto insurance policy deductible for the covered auto.
Coverage is effective upon date of enrollment and will continue for three years.
"Gap insurance costs between $400 and $700 when purchased from a dealership." - WalletHub
You can get USSFCU's GAP Plus + Auto Deductible Reimbursment together for only $399.
View our GAP PLUS Brochure or call 800.374.2758 for more details.
For information on financing options and additional auto services visit ussfcu.org/auto.
*Replacement vehicle must be financed within 90 days of the date your primary insurance company pays the claim on a total loss. Contact the Credit Union at 800.374.2758 for full details. **Auto Deductible Reimbursement summary is a brief overview of the program and is not to be considered a full disclosure of policy terms. Please contact a USSFCU representative at 800.374.2758 for complete terms and conditions, limitations, definitions, and exclusions.
Guaranteed Asset Protection (GAP) is not intended to replace your automobile insurance. It does not provide bodily injury, property damage, liability, or collision insurance and does not comply with any financial responsibility or any other law mandating motor vehicle insurance. All new or used motor vehicles with a maximum loan of $100,000 are eligible. Recreational Vehicles (RVs including motorcycle, snowmobile, ATV, motor home, classic car, golf cart, watercraft (i.e., boat or jet ski), or similar vehicles) are at a different policy rate and other limits apply.