Guaranteed Asset Protection (GAP)
No one wants to think about the possibility of their car being stolen or
totaled in an accident.
In the event of a total loss, most insurance
companies will pay the “actual cash value” of the vehicle, which can be
thousands of dollars less than the amount owed on a loan, particularly
if the car was financed over a long period of time with no money down,
or if the car has accumulated a lot of miles.
Guaranteed Asset
Protection, also referred to as GAP, covers the difference between the
insurance company’s payment and the remaining balance due on a loan,
which includes your deductible up to $1,000. On top of that, GAP
coverage from DCU will provide $1,000 toward your next vehicle.*
Our GAP coverage is priced below comparable coverage offered by dealers,
plus the cost can be financed into your loan. So before you talk to a
dealer, click on the link below for a no-obligation quote. Then call us
at 612-321-4885. You’ll be glad you did!
Go to
Instant Quote >>
*Must finance replacement vehicle with DCU within 90 days of total loss.
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