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Auto Protection Services

Guaranteed Asset Protection (GAP)

Purchasing a vehicle is an important decision and major investment. Did you know that if your vehicle were to be totaled or stolen, your insurance company might not pay off the entire loan balance?

In the event of theft or total loss of your vehicle, most insurance companies only pay the cash value of the vehicle at the time of the loss. In today's automobile market, a vehicle begins to depreciate the minute it is purchased. Because of this, a vehicle's outstanding loan balance is typically higher than its actual cash value, especially during the first few years of the loan. Your remaining loan balance could be much greater than the cash value of your vehicle, creating a deficiency of several thousand dollars that you're liable for! What is the "GAP" on your vehicle? You may be surprised at the answer!


Guaranteed Asset Protection, or GAP, is a voluntary, non-insurance program offered as protection on a new or used vehicle that is financed or leased. It is a supplemental benefit that enhances, rather than replaces, your standard comprehensive, collision, or liability coverage. GAP helps cover the difference between your primary insurance carrier's settlement and the payoff of your loan. In other words, it protects the "gap" between your vehicle's value and the amount you still owe in the case it is damaged beyond repair or stolen and never recovered. You could end up having to pay off a remaining loan balance for a vehicle you can no longer drive. The cost for this product is only pennies a day and can be financed with the loan. Protect your investment and save yourself from suffering a financial loss with GAP

Learn more about GAP and get a free estimate online

When you purchase GAP from AFFCU, not only will you pay less and save hundreds over dealer pricing, but you'll also get the exclusive Auto Deductible Reimbursement (ADR) benefit included.

AFFCU Auto Advantage Program With ADR

When you purchase GAP through AFFCU, you'll also receive AFFCU's Auto Advantage Program as a FREE additional benefit. The Auto Advantage Program provides an Auto Deductible Reimbursement (ADR) benefit.

  • Pays up to $500 per Loss (limit of two losses (2) per year) when a Loss is filed and paid by the auto insurance company for a Covered Auto the Member owns or leases, AND insures under an Auto Insurance Policy designating the Member as the Named Insured.
  • Coverage is effective upon date of enrollment and will continue for three (3) years depending on the benefit period provided.

If you suffer a loss during the benefit period which is covered by your Auto Insurance Policy, then you may be entitled to reimbursement of the Auto Insurance Policy deductible amount up to $500 per Loss. Plus, it provides a deductible reimbursement for every vehicle insured by the GAP policy owner.

Mechanical Breakdown Protection (MBP)

Your vehicle is a major investment. That is why purchasing Mechanical Breakdown Protection (MBP) is a wise choice. Think of it as health insurance for your automobile.

Did you know that one in three vehicles experience a mechanical failure in a given year? The typical warranty owner will make several claims during the life of their agreement. Should your vehicle experience a failure after the manufacturer's warranty expires, without an extended warranty you will have no protection from the unexpected repair costs that can be in the thousands of dollars!

MBP can help ensure that the investment in your vehicle is protected, and reduces the possibility of out-of-pocket expenses when your vehicle suffers an unexpected mechanical failure. Most important of all, Mechanical Breakdown Protection provides peace of mind so you can experience worry-free driving!

Vehicles today are growing extremely complex and contain high-tech sensors, electronics and computers that frequently suffer unexpected failure and need to be replaced. While engines and transmissions are more reliable than ever, it's these other sophisticated parts that frequently fail. As vehicles become increasingly more complex, associated repair costs rise dramatically!

Learn more about mechanical breakdown protection and get an estimate online to see how affordable it really is.