GAP Insurance | Philadelphia PA Vehicle Loan

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

Reset Month: Practical Money Habits to Restart Before Fall

August is often when summer begins to slow down and routines start to shift. Vacations wrap up, back-to-school preparations begin, and many people start thinking ahead to the busy months of fall.

This seasonal transition is a natural opportunity to check in on your finances. After a season filled with travel, outings, and spontaneous plans, taking time to reset a few money habits can help you move into the next season feeling more organized and prepared.

Resetting your finances doesn't require a complete overhaul. Often, the most helpful progress comes from small adjustments that bring your everyday habits back into focus.

Guaranteed Asset Protection (GAP)

Guaranteed Asset Protection fills the financial gap.

Affordable coverage for your vehicle.

TOOLS TO GET YOU AHEAD