Why is GAP Plus Protection valuable?

New and used vehicles often depreciate rapidly and vehicle loans are typically getting longer in terms. There may be a point where you owe more than it’s worth. That’s where MEMBER’S CHOICE GAP Plus can kick in. GAP Plus will help cancel the difference between the primary insurance settlement and what you may still owe. In addition, if your vehicle is stolen or totaled in an accident, it will cancel $1,000 of your next loan with your credit union when you purchase a replacement vehicle within 60 days of your primary insurance settlement. MEMBER’S CHOICE Guaranteed Asset Protection Plus helps you prepare for the unexpected.