If Insurance Doesn't Cover You, We Can Help
GAP COVERAGE PROTECTION
If your vehicle is stolen or considered a total loss, your insurance company settlement may not be enough. Not to worry – we've got you covered. Our Guaranteed Auto Protection (GAP) is designed to help cover the difference between your loan payoff and your insurance company settlement.
Why Do I Need GAP?
- Peace-of-mind protection if something should happen to your vehicle.
- To help clear your credit, so you can start fresh with a new vehicle purchase.
- Best of all — GAP is inexpensive and can be easily added to your vehicle loan.
But, That's Not All!
Your GAP coverage comes with Auto Deductible Reimbursement (ADR), which can reimburse you up to $500 per loss when you pay an insurance deductible out of pocket.
Here’s how GAP with ADR works:
| If you originally borrowed: | $18,000 |
|---|---|
| At the time of loss you owe: | $15,000 |
| Your insurance company declares the actual cash value of your vehicle to be: | -$10,000 |
| Your primary insurance deductible is:1 | $500 |
| Your total out of pocket expense is: | $5,500 |
| GAP coverage will pay: | $5,000 |
| Auto Deductible Reimbursement will pay: | $500 |
| Thanks to GAP, you will owe a total of: | $0 |
To sign up for GAP or if you'd like more information, simply complete the form below.
If you have any questions, please call us at 301-249-1800 or toll free at 1-888-NASA-FCU (627-2328) and we’ll be happy to help.
1Deductible coverage is not available in all states.
These products are optional. Coverage is not insured or guaranteed by NCUA or any agency of the federal government. You may obtain coverage to protect your loan from other entities.
We’re here to help
Mortgages & Equity
Auto & RV Loans
Credit Cards
Personal Loans
Student Loans
Business Services
Checking & Savings
Your savings federally insured to at least $250,000 and backed by the full faith & credit of the U.S. Government. NMLS #486583.
Confidential information such as account numbers and social security numbers should not be sent by email for security reasons. Instead, please contact us directly at 1-888-NASA-FCU, send us a secure message through Online Banking or Mobile Banking, or visit your nearest branch.
You are now leaving nasafcu.com and entering a third party website that is not part of NASA Federal Credit Union.
The content you are about to view is produced by a third party unaffiliated to NASA Federal Credit Union. NASA Federal takes no responsibility for the content of the page.