GAP Plus

GAP Plus helps protect your vehicle loan. When you buy a new or used vehicle, there's no way to know if it will be stolen or totaled in an accident. Many times primary auto insurance settlements don't pay off your loan balance. With MEMBER'S CHOICE GAP Plus, you're protecting your vehicle investment against a possible financial loss.

New and used vehicles often depreciate rapidly and vehicle loans are typically getting longer in terms. There may be a point where you owe more than it's worth. That's where MEMBER'S CHOICE GAP Plus can kick in. GAP Plus will pay 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, this coverage also includes $1,000 toward your next loan with us when you purchase a replacement vehicle within 60 days or your primary insurance settlement.