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Guaranteed Asset Protection (GAP)

If your vehicle is totaled in an accident or permanently lost to theft, your insurance settlement may not be sufficient to pay off your auto loan. Don't let this happen to you!

Bridge the gap between the insured value of your vehicle and the outstanding balance of your loan with Guaranteed Asset Protection. A low, one-time flat fee will offset the difference and provide $1,000 toward a replacement vehicle financed through California Credit Union.


Outstanding loan balance$20,000
Subtract: Insurance settlement, gross$15,000
Subtract: Your insurance deductible$1,000
The "gap" you owe after settlement$6,000
GAP pays$6,000
You owe$0
GAP Advantage toward replacement vehicle$1,000

*Example is for illustrative purposes, only. Please apply online for a quote.

Click here to learn more about Guaranteed Asset Protection (GAP) and to get an instant quote online!