What is GAP Plus Insurance?
Guaranteed Asset Protection (GAP) Insurance offers you protection for the gap between your insurance payoff and CFCU loan balance. GAP insurance can prevent you from owing money out-of-pocket on a vehicle that has been totaled and help you get back behind the wheel.
How much does GAP Plus Insurance Cost?
CFCU GAP Insurance costs $549.00 and can be added to both new and used vehicle loans.
GAP 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. GAP will cover the set term of the initial loan. If you cancel protection within 90 days, you will receive a full refund of any fee paid. GAP cannot be added to ‘classic vehicles’ over 20 years old.