GAP PROTECTION

Auto insurance might not be enough......

If your vehicle is stolen, accidentally damaged beyond repair, or otherwise declared a total loss, your auto insurance will only cover the replacement value. Nevertheless, you remain liable for the payment of the difference between the insurance settlement and your loan balance. This deficiency can easily amount to thousands of dollars that comes out of your pocket for a vehicle that no longer exists.

MEMBERS CHOICE GAP Protection benefits:

• Protection for the term of your loan up to 84 months.
• Coverage for vehicles valued up to $100,000 at time of purchase.
• Payment of benefits up to $50,000.
• Includes coverage for auto insurance deductibles up to $1,000 if a gap exists.
• Benefits for new or used vehicles, including cars, light trucks, motorcycles and some other motorized vehicles.
• GAP Plus protection includes $1,000 down payment credit toward a replacement vehicle.
• Gap protection is fully refundable if you cancel the coverage within the first 60 days and partially refundable anytime thereafter.

Its easy to get.

You can elect MEMBERS CHOICE GAP Protection at the same time you apply for your vehicle loan. Theres no underwriting - no hassles. Its that easy. And your MEMBERS CHOICE GAP premium can be rolled into your monthly loan payment.