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

Financial Fun: Teaching Kids About Money

Teaching your children about money doesn't have to be daunting or complicated. By introducing fun, practical activities into their everyday routines, you can help them develop essential financial skills that will serve them throughout their lives. From understanding the fundamentals of saving and spending to navigating real-world financial situations, these strategies will set them on the right path. Plus, as they grow, you’ll be empowering them with the knowledge they need to make informed financial decisions in the future.

Ready to begin? Let’s explore some creative ways to make financial literacy both fun and impactful for your kids.

Read More about Financial Fun: Teaching Kids About Money
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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