Loan protection

Guaranteed Auto Protection (GAP) †

Will your insurance pay off your loan if your vehicle is deemed a total loss? Don't find out the hard way! In the event your vehicle is deemed a total loss due to an accident or theft, your auto insurance policy will usually cover only the actual cash value or market value of your vehicle less a deductible. This settlement could be significantly less than the amount you owe to your lender or leasing company. The final result is a financial GAP where you must make up the difference, which could cost thousands of dollars out of your pocket.

Why buy GAP?

  • GAP helps pay off your remaining loan/lease balance if your vehicle is stolen or damaged and is deemed to be a total loss.
  • GAP helps clear your credit allowing you to start fresh with a new vehicle purchase.
  • GAP is inexpensive and can be included as a small addition to your monthly payment.

Extended Warranty †

Protect your auto investment for years to come with an extended warranty from CORE Credit Union. We offer a complete line of coverage to keep your vehicle on the road.

Extended Warranty Features:

  • No deductible on covered parts and labor
  • 24/7 Emergency roadside service
  • Rental car allowance
  • Most autos qualify for coverage
  • Cost of warranty can be included in your loan amount

† Insurance and Warranty products are not products of the Credit Union and are not obligations of or guaranteed by the Credit Union. Insurance or warranties may be purchased from an agent or an insurance company of the Member’s choice; and Credit Union makes no representations as to the services of any provider. Please see our privacy POlicy for additional information.