Vehicle Insurance

Guaranteed Auto Protection (GAP) Plus

Interested in receiving $1,000 toward a future credit union vehicle loan?

GAP PLUS is Total Loss Protection…and then some

The moment you drive your vehicle off the lot, it depreciates about 20% on average. And you can count on roughly a 15% decline in value each year for the next four years.

If your vehicle is stolen or damaged and deemed a total loss, you are responsible to pay the difference between what you owe and what your insurance company syas your vehicle is worth.

GAP PLUS can help cover the difference and potentially save you thousands of dollars.

The amount you owe on your vehicle and the amount it is worth usually take very different roads.

GAP PLUS will assist you in covering the distance between them.

What is the “PLUS”?

The “PLUS” is the additional benefit of a $1,000 deduction toward your next vehicle loan at this institution if financed within 90 days of the GAP claim settlement.

Getting protection in the event of a total loss is easy!

Most types of vehicles are eligible, and you can generally include GAP PLUS coverage in your vehicle loan payment.

Contact us for more details.


Benefits of Coverage

CU Certified pays for the costs of parts and labor during the repair or replacement of major component parts when in conjunction with the repair of a covered item.

CU Certified Agreements are accepted by repair facilities nationwide and Canada. In the event that a network repair facility is not available, transient claims are paid by a Century Automotive Credit Card.

Unlike some programs, CU Certified Auto pays for the cost of diagnosing your vehicle’s covered failure. This can save you hundreds with today’s labor rates.

If you are in need of a rental vehicle during a mechanical failure, due to covered repair work, CU Certified will allow rental coverage with no deductible.

In the event of a covered mechanical breakdown occurring more than one hundred (100) miles from your home you may receive up to one hundred dollars ($100.00) per day for up to 3 days for meals and lodging.

CU Certified has coverage options for vehicles that have:

  • Snowplow
  • Lift Kits
  • 4WD
  • Business Use
  • Turbo/Super Charger
  • Diesel


The TotalRestart Difference — Equity Protect

If your vehicle experiences a total loss, we’ll help you get back into a vehicle like the one you originally financed. GAP insurance helps protect borrowers against deficiency balances (negative equity) when a vehicle is totaled and the borrower owes more on their loan than the car is worth. It does not, however, protect them against the ordinary depreciation of their vehicle and help them get back into a replacement vehicle similar to the one they originally purchased. It also does not protect any down payment they may have put toward the financing of their vehicle. TotalRestart does!

How TotalRestart Equity Protect Works

  • TotalRestart is provided as a n optional purchase at time loan is originated
  • Program is typically targeted for those borrowers =who are putting some money down on their vehicle (typically 10% or more) and are financing a vehicle for less than it’s worth
  • Eligible Vehicles include
    • Autos and light trucks — no motorcycles, boats RVs or commercial vehicles
    • Vehicles with a Purchase Price no more than $100,000
  • TotalRestart coverage is provided in the event of total loss beginning with contract effective date and extending for selected term and benefit level
  • Program is fully refundable in the first 30 days and pro-rata refundable after 30 days less a $50 cancellation fee (unless prohibited bt state)
  • Additional benefits include travel assistance through ON CALL, concierge service and medical assistance

Personal Insurance

  • Credit Life / Credit Disability

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