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

Fall Fun on a Budget: Affordable Activities for the Whole Family

Fall is a season many families look forward to all year long. Cooler temperatures, changing leaves and seasonal traditions create plenty of opportunities to spend time together. From pumpkin patches to cozy movie nights, there are plenty of ways to celebrate the season.

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.

The best part? Enjoying fall doesn’t have to strain your budget.

With a little planning, you can create memorable moments while still keeping your finances on track. Here are a few simple ways to enjoy fall fun without overspending.

Read More about Fall Fun on a Budget: Affordable Activities for the Whole Family
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, Montgomery and Columbia County, PA.