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:

  1. Your PFCU auto loan balance after one year = $15,000
  2. The value of your vehicle after one year = $10,000
  3. Insurance settlement = $10,000
  4. You're short $5,000
  5. GAP pays $5,000
  6. You owe $0
AFFORDABLE, VALUABLE COVERAGE

Get a quote for GAP coverage and easily roll the low monthly payments into your PFCU auto loan.

TOOLS TO GET YOU AHEAD

Spring Side Hustles: Fun Ways to Boost Your Budget

There’s something about spring that makes everything feel possible—longer days, warmer air, and the energy of a fresh start. It’s also the perfect time to breathe new life into your finances by finding creative ways to earn a little extra cash.

Whether you’re saving for a summer trip, tackling bills, or just looking to pad your budget, a spring side hustle might be just the thing. Here are a few ideas to get inspired—and help your wallet bloom.

Read More about Spring Side Hustles: Fun Ways to Boost Your Budget
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.
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Philadelphia Federal Credit Union is a full-service financial institution with locations in Philadelphia and Columbia County, PA.