GAP PLUS - Guaranteed Auto Protection

Extra Protection for Your Vehicle Loan

Woman and family enjoying car ride

What is GAP Plus?

When your vehicle is damaged or stolen and declared a total loss, your insurance company will only pay what they determine your vehicle is worth. This amount might not always cover the balance you still owe on your vehicle loan, leaving you with the financial responsibility to pay the remaining balance. This is where GAP Plus comes in.

GAP Plus (Guaranteed Auto Protection) may help cover the difference between your vehicle’s actual value (determined by your insurance company) and the remaining balance of your loan. This helps to ensure that you’re not left paying out-of-pocket for a vehicle you no longer have or can use.

What's the plus? Get a $1,000 deduction towards your next vehicle if financed through Five County CU within 90 days of a GAP Claim settlement

eligibility and convenience

Most types of vehicle are eligible for GAP Plus coverage. Additionally, the cost of GAP Plus can typically be included in your loan payment*, making it an affordable and convenient way to protect your investments.

Some eligible vehicles include:

  • Automobiles (cars, trucks, SUVs, etc.)

  • Snowmobiles

  • ATVs

  • Motorcycles

  • Boats

Harbor with Boats

Protect your investment and drive with confidence!

 

*All terms and conditions are subject to underwriting criteria, and may not be available to all borrowers.

**Subject to certain exclusions and benefit limitations.