Guaranteed Asset Protection (GAP) Insurance
During the first few years you own your Car, Truck, Boat, Motorcycle, or RV*, the loan or balloon note balance can be higher than the actual value of your car. If your item is totaled, you could end up paying the difference between the insurance settlement and the loan balance. GAP features:
- Low Cost Protection
- Pays Your Insurance Deductible, Up To $500
- Pays Off The Balance Of Your Loan After Insurance
- Protects Against Fluctuations In The Value or Your Car
*Subject to limitations and exclusions. Please ask your Gold Coast FCU Rep to see if your vehicle is eligible for GAP.