Have New Wheels?
Protect Your Purchase
You have an auto loan and are ready to hit
the road. But have you thought about if
your car is hit and your regular insurance
doesn’t cover the entire loan balance? What
if your car requires major repairs down the
road? Guaranteed Asset Protection (GAP)
and Mechanical Breakdown Insurance are
two ways you can protect your new wheels.
GAP Advantage from DCU covers the
difference between the actual cash value
of your car and your outstanding loan
balance. If your car is stolen or totaled in
an accident, your regular insurance may
not cover your entire loan balance. For a
one-time cost of $295, GAP steps in to
help cover the loan balance as well as
provide a $1,000 credit toward the
financing of a replacement vehicle.
Mechanical Breakdown Insurance can be a
good investment if you intend to keep your
car a long time. It’s an insurance product
available through DCU that covers you for
out-of-pocket repairs on both new and used
cars at half the cost of an extended
warranty. You can choose a plan that is
ideal for you, and all plans offer nationwide
protection, 24-hour roadside assistance,
and rental car allowance.
Learn more about GAP Advantage and
Mechanical Breakdown Insurance at
dcu.org, by visiting any branch, or by
calling DCU’s Information Center.