GAP

WHY TAKE CHANCES WITH YOUR INVESTMENT?

In the event that your vehicle (car, van, light truck, SUV, RV, watercraft, or power sport)*** is stolen, accidentally damaged beyond repair, or otherwise declared an insured total loss, your insurance company pays its interpretation of the value of the vehicle at the time of loss - GAP is designed to protect members against financial loss in the event their vehicle is stolen or declared a total loss due to an insured peril.

GAP cancels the difference between the primary auto insurance carrier’s settlement and the outstanding loan balance. The outstanding loan balance is the pay-off amount that is directly related to the purchase of the vehicle or the amount borrowed that is secured by the vehicle (subject to coverage limits and terms).

*** Except as limited by program or state provisions