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Guaranteed Asset Protection


1) What is Guaranteed Asset Protection?

Many times primary auto insurance settlements don’t pay off your entire loan balance in the event that your vehicle is totaled or stolen. With MEMBER’S CHOICE Guaranteed Asset Protection, you'll know that the "gap" is covered and you won't be left paying on a vehicle you no longer have.


2) How does it work? 

Purchase GAP when you finance your vehicle and know you won't be left holding the bag if your vehicle should become a total loss. The fee can be included with your monthly payments or made separately, just tell your loan officer which you prefer!

You can cancel within 90 days for a full refund. If you have questions, simply contact us.


3) Why is it valuable? 

Vehicles often depreciate rapidly and vehicle loans are typically getting longer in term. There may be a point where you owe more on your vehicle than it's worth. GAP will cancel the difference between the primary insurance settlement and what you may still owe. In addition, if your vehicle is stolen or totaled in an accident, GAP PLUS will cancel $1,000 of your next loan with us when you purchase a replacement vehicle within 60 days of your primary insurance settlement. MEMBER’S CHOICE Guaranteed Asset Protection helps you prepare for the unexpected.


Call our lending department today if you are interested in adding GAP Insurance.






We offer Credit Life and Disability on almost

all of our loans. Interested? CLICK HERE