Loan Protection

Guaranteed Asset Protection

GAP can help fill the gap between what your vehicle insurance will pay and what you owe on your loan to cushion you against sudden out-of-pocket expenses if your vehicle is deemed a total loss.  You can sign up for GAP when you apply for your auto loan.  The cost can be rolled into your monthly loan payment. 

Our current GAP product offers two additional benefits, GAP Plus & Deductible Assistance.

  • GAP Plus – You are entitled to this additional benefit if there is a Total Loss or Theft Loss and you finance your replacement vehicle with us within 120 days after the Primary Insurance Company issues a settlement check to us. The maximum benefit amount is $1,000.

  • Deductible Assistance – Deductible Assistance applies only to Motor Vehicles. Deductible Assistance DOES NOT apply to Recreational Vehicles, Powersports, or Watercrafts.

  • Deductible assistance is an additional component of GAP, and applies only to the motor vehicle covered by the GAP policy. Deductible assistance will reimburse you the amount of your primary insurance deductible, up to $500. The maximum number of occurrences is no more than 2 in a 12-month period. To be eligible for this benefit, a primary auto insurance policy must be in force at the time of the loss.

Your purchase of Guaranteed Asset Protection, which includes Deductible Assistance and a GAP Plus benefit, is optional and 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.  GAP may be canceled at any time during the loan, and you will receive a refund of any unearned fee. See your agreement for details.

 

Warranty

We offer Route 66 Extended Warranty Coverage.

Route 66 offers comprehensive mechanical breakdown coverage for all makes and models of automobiles. Their coverage helps you enjoy your new purchase and maintain "Peace of Mind" because even the most reliable vehicle can develop a mechanical problem. This is why so many people have come to depend upon Route 66 Extended Warranty.

No matter where you travel in the United States, you are protected against major mechanical expenses, and there is no deductible on covered parts or labor.

 

Credit Life and Disability Insurance

An unexpected disability or death can affect your household’s income level and change your family’s standard of living in an instant, making household financial commitments difficult to meet.

  • Credit Disability Insurance pays your monthly loan payments until you’re no longer disabled, your loan is paid, or you reach the policy maximum. 

  •  Credit Life Insurance reduces or pays in full your loan balance should you pass away and the claim is payable.

Covered loan payments are subject to the terms and conditions of the policy. Refer to your Credit Insurance disclosures for more information.