AFFORDABLE, VALUABLE COVERAGE
Get a quote for GAP coverage and easily roll the low monthly payments into your PFCU auto loan.
Guaranteed Asset Protection (GAP)
Protection if your vehicle is totaled or stolen and never recovered
Covers the gap left by your insurance payout
Helps you save thousands of dollars
Guaranteed Asset Protection fills the financial gap.
Affordable coverage for your vehicle.
Why is GAP a good idea? Because most insurance policies only cover the value of your vehicle, not your loan or lease amount. And your vehicle's value can rapidly decline during the first few years you drive it. GAP coverage kicks in to make up the difference between your insurance payout and what you owe on your loan or lease.
Here's how GAP insurance can protect you if your vehicle is stolen and never recovered, or totaled in an accident:
- Your PFCU auto loan balance after one year = $15,000
- The value of your vehicle after one year = $10,000
- Insurance settlement = $10,000
- You're short $5,000
- GAP pays $5,000
- You owe $0
TOOLS TO GET YOU AHEAD
Holiday Prep Starts Now: Budget Moves for a Stress-Free Season
The holiday season is full of special moments, family gatherings, festive meals, gift giving, and traditions that bring people together. While the season is exciting, it can also bring unexpected financial stress if spending isn’t planned ahead of time.
The good news is that a little preparation now can go a long way toward keeping your holiday season joyful and financially manageable.
By making a few smart budget moves early, you can focus on what really matters: celebrating the season with the people you care about.
The perfect loan to start consolidating
With affordable rates and a simple application process, it's easy to consolidate debt with a PFCU Personal Loan.
Personal Loans
Philadelphia Federal Credit Union is a full-service financial institution with locations in Philadelphia, Montgomery and Columbia County, PA.
