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Protect your auto investment!
Vehicle values decline rapidly. That's why your insurance settlement may not cover your entire loan balance. Unless, of course, you have Guaranteed Asset Protection (GAP).
GAP is designed to eliminate your unpaid auto loan balance in the event your vehicle is totaled or stolen and never recovered. GAP supplements your primary auto insurance coverage on your auto, truck, motorcycle and other recreational vehicles.
For the one-time cost of $206, GAP covers the difference between the actual cash value of your car (primary insurance settlement) and your outstanding loan balance at the time of your loss, less certain deductions like credit insurance or service warranty contracts.
GAP is designed for all drivers, whether you finance a new or used vehicle. It may even cover your insurance deductible-up to $1,000-as part of your claim settlement. And, the cost of GAP can be financed with your loan. GAP keeps you in the driver's seat!
GAP! The protection for when your auto insurance company leaves you short.
Don't Get Caught In The GAP.
Contact TCCU at (313) 291-3300 or (800) 291-3003, for more information on this great product!