Guaranteed Asset Protection (GAP) Plus

Guaranteed Asset Protection (GAP) Plus

Protect Your Vehicle Loan from Unexpected Loss

If your vehicle is ever stolen or declared a total loss due to an accident, your insurance payout might not cover your entire loan balance. That’s where GAP comes in. GAP (Guaranteed Asset Protection) may cover the difference between what your insurance pays and what you still owe—helping you avoid a major financial setback.

Key Features

  • Buy Anytime - GAP can be added at any point during the life of your loan.
  • Flexible Payment Options - You can include the $499 GAP fee in your loan payment or pay it upfront by cash, check, or credit card.
  • $1,000 Credit Toward Your Next Loan - Finance your next vehicle with USSFCU within 120 days of your GAP claim payout and we’ll credit $1,000 to your new loan.
  • 90-Day Free-Look Period - Cancel within 90 days for a full refund—no cancellation fee.

Bonus Protection: Auto Deductible Reimbursement (ADR)

When you enroll in GAP, you’ll automatically receive Auto Deductible Reimbursement (ADR) at no extra cost. Here’s what it includes:

  • Reimburses up to $500 per collision or comprehensive claim
  • Unlimited claims for 3 full years from the date you enroll
  • Applies to any personal-use vehicle you own or lease and insure under your name (borrower or co-borrower)

 Note: ADR does not apply to RVs, motorcycles, boats, or vehicles used for commercial purposes.

To file an ADR claim:
Visit www.assuranceplus.com/claims or call 1-877-296-4892
Claims must be submitted within 90 days of the loss.

What Vehicles Are Eligible?

GAP is available for most personal-use vehicles, including:

  • Motor Vehicles (cars and trucks)
  • Power Sports
  • Watercraft
  • RVs

Eligibility exclusions may apply. For commercial vehicles, please contact our Business Services team.

What You Get with GAP Coverage

  • One-time cost: Just $499 for the entire life of the loan
  • Coverage amount: May pay up to $50,000 toward the remaining loan balance if your vehicle is totaled or stolen
  • Maximum loan amount: Works for loans up to $100,000
  • Maximum Loan term: Covers loans up to 84 months
  • Loan-to-value (LTV): Up to 125% (Based on MSRP or JD Power Clean Retail)
  • Bonus Coverage: Includes Auto Deductible Reimbursement (ADR) — get up to $500 back on your auto insurance deductible per claim, with unlimited claims for 3 years

Submit a GAP Claim

Lending Support Services:

LendingSupportServices@ussfcu.org | 800.374.2758 (option 4)

Hours of Operation: 8:00 AM – 4:00 PM ET (M-F)

Peace of Mind Starts Here

Protect your loan. Protect your budget.
Talk to USSFCU today to add GAP to your loan.

For financing options and additional auto services, visit ussfcu.org/auto.

GAP is not insurance; it is an optional debt cancellation product. GAP will not affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP Fee to the amount financed under your contract will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid. GAP purchased from state-chartered credit unions in FL, GA, IA, IN, UT, VT, and WI may be with or without a refund provision. Prices of the refundable and non-refundable products are likely to differ. If you purchase a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee. GAP purchased from state-chartered credit unions in CO, MO or SC may be canceled at any time during the loan and receive a refund of the unearned fee.

*Replacement vehicle must be financed within 90 days of the date your primary insurance company pays the claim on a total loss. Contact the Credit Union at 800.374.2758 for full details. **Auto Deductible Reimbursement summary is a brief overview of the program and is not to be considered a full disclosure of policy terms. Please contact a USSFCU representative at 800.374.2758 for complete terms and conditions, limitations, definitions, and exclusions.

Guaranteed Asset Protection (GAP) is not intended to replace your automobile insurance. It does not provide bodily injury, property damage, liability, or collision insurance and does not comply with any financial responsibility or any other law mandating motor vehicle insurance. All new or used motor vehicles with a maximum loan of $100,000 are eligible. Recreational Vehicles (RVs including motorcycle, snowmobile, ATV, motor home, classic car, golf cart, watercraft (i.e., boat or jet ski), or similar vehicles) are at a different policy rate and other limits apply.

No private party sales, Carvana purchases, third-party broker or auction services are eligible.