GAP stands for Guaranteed Asset Protection. If your vehicle is declared a total loss as a result of an automobile accident or unrecovered theft, Guaranteed Asset Protection (GAP) waives all or part of the difference between your primary insurance company’s settlement and the payoff of your loan balance, up to a certain loan to value maximum.
GAP is designed for all drivers, whether you finance a new or used vehicle. It may even cover your insurance deductible – up to $1,0001 – as part of your claim settlement. And the cost of GAP can be financed with your loan.
GAP also provides you with a $1,000 credit towards the financing of a replacement vehicle.2
Drive with peace of mind knowing that with Mechanical Breakdown Protection (MBP) you have protection against the increasingly high cost of repairs and associated labor costs for mechanical and electrical vehicle failures. In addition to repairing your vehicle, MBP provides services such as rental car allowance, 24/7 roadside assistance, and towing. MBP is available for both new and used vehicles. This coverage will protect your vehicle after your manufacturers warranty has expired.
 Deductible waiver is available in most, but not all states. Please consult with a United FCU representative for the availability of this benefit.
 GAP is available in most, but not all states. Replacement vehicle must be financed with in a limited time from the date of loss. Please contact a United FCU representative for the availability and details of this benefit.