What is GAP insurance?
GAP Coverage helps protect you from financial loss if your vehicle is totaled or stolen. It covers the difference between what your car is worth and what you still owe on your loan or lease.
- Auto loan insurance protection in the event you have your car totaled and the remaining loan amount is higher than the insurance payoff.
- Less expensive than GAP policies offered at dealerships
- All GAP fees are non-refundable after 60 days
- Pays up to $50,000
- Convenient
- GAP pays remaining loan balances not paid by your insurance in the event your car is stolen or totaled.
Ask for GAP Insurance when applying for an auto loan with PECU.