Get peace of mind with loan protection
If you’re a new car owner, you know your car’s value will likely never be as much as the day you drove it off the lot.
Did you know that if your new vehicle is stolen or totaled in an accident, your vehicle insurance will likely only pay you the current value of the car? This makes the chances of the payoff not covering your total loan amount high.
GAP is available for many types of transportations, including:
- Private passenger cars, vans and light trucks
- Motorcycles
- ATVs, snowmobiles and personal watercraft
Guaranteed Asset Protection (GAP) cancels or reduces the chance of paying on a loan for a vehicle that no longer works. You can purchase GAP from Travis Credit Union within 90 days from the date your loan is funded.
Enjoy knowing your auto loan is protected. For more information about GAP, please visit our website at traviscu.org/gap or contact our Member Service Center at (800) 877-8328.
GAP Insurance
Your purchase of MEMBER’S CHOICE™ Guaranteed Asset Protection Plus is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of MEMBER’s CHOICETM Guaranteed Asset Protection Plus. If you choose GAP Plus, adding the project fee to your loan amount will increase the cost of GAP Plus. OMS # GPM562 Marketing #10001264-0310