Are you prepared to bridge the GAP?

Picture this: You buy a new or used car or truck, thinking it will serve you for years to come. Except... life has other plans. Your vehicle is stolen, accidentally damaged beyond repair or otherwise declared totaled.

Yes, you'll likely receive some settlement sum from your insurance provider, based on your vehicle's fair market value. But you may owe significantly more than that on your loan. This is known as "the gap" — and you're the one left liable for it.

How are you going to swing paying for that?

GAP Plus Insurance1 helps you bridge "the gap." By accepting GAP Plus Insurance with your GOLD Auto, Truck, or Motorcycle Loan, you're protecting your wallet and your credit.

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How does GAP Plus Insurance work?

If your vehicle is declared a total loss, GAP Plus1 pays off your remaining loan balance, cushioning you against sudden out-of-pocket expenses. By clearing your loan balance, you're able to start fresh with your next car, truck, motorcycle, or RV.

  • Sign up for GAP Plus when you apply for your vehicle loan.
  • Receive low-cost coverage with no red tape or application hassles.
  • Choose to roll the amount into your monthly loan payment or pay separately.
  • Enjoy a 90-day "free look" period that's fully refundable.
  • Earn a $1,000 rebate toward your next Auto, Truck, Motorcycle, or RV Loan with GOLD Credit Union.
  • Pays up to $500 of your auto insurance deductible.
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Know your Insurance options

Your car, truck, motorcycle, or RV isn't the only investment worth protecting. Review our full suite of insurance coverage options to safeguard your investments.

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What does GAP Plus Insurance cover?

GAP Plus1 coverage is available for new and used cars, trucks, motorcycles, vans, RVs, and SUVs.

Certain eligibility requirements, conditions, and exclusions may apply. Consult with your Loan Officer in our Loan Department for a full explanation of the terms of GAP Plus.

To learn more about GAP Plus Insurance, download our brochure.


1Your purchase of MEMBER’S CHOICETM Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Deductible reimbursement is available for auto insurance only. Coverage and costs may vary. Please contact your loan representative, or refer to the GAP Waiver Agreement for a full explanation of the terms of GAP. If you choose GAP, adding the product fee to your loan amount will increase the cost of GAP. You may cancel the protection at any time. If you cancel protection within 90 days you will receive a full refund of any fee paid. You will receive additional information before you are required to pay the fee for this product. These products are not federally insured, are not obligations of the financial institution, are not guaranteed by the financial institution, and are subject to investment risk.

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