GAP Protection

Protect yourself incase your automobile is stolen, totaled or damaged beyond repair!

Have you ever been in a situation where you total your car, the insurance company only pays you what your vehicle was worth, and you end up paying the loan balance out of pocket? Not a good situation to be in. Well, we have the solution to this problem! BICCU is now offering GAP Protection. For just a few dollars a month, you can protect yourself against this kind of unexpected expense. The benefits may include:

• Protection for the term of your loan up to 84 months.
• Coverage for vehicles valued up to $100,000. at time of purchase.
• Payment of benefits up to $50,000.
• Coverage deductibles up to $1,000.00.
• Benefits for new or used vehicles, including cars, light trucks, motorcycles and some other motorized vehicles.
• GAP Plus protection includes a $1000 down payment credit toward a replacement vehicle.

It is so easy to get. You can elect MEMBERS CHOICE GAP protection at the same time you apply for your vehicle loan. There's no underwriting and no hassles. It's that easy.