GAP, GAP Plus, Assurance Plus and Mechanical Repair Coverage

Did you know that if your car is stolen or totaled in a major accident, you could wind up paying a large amount of cash out of your pocket, no matter how much insurance you have? Most insurance policies only cover the actual value of your vehicle, a value that declines rapidly during the first few years of ownership. As a result, there can be a substantial “gap” between your loan and the amount that your insurance is willing to pay to replace it. Your insurance will only cover the actual value of your vehicle – regardless of what you owe.

GAP and GAP Plus

GAP will pay if your vehicle is totaled whether it was due to weather, being stolen or totaled in an accident. GAP not only pays the difference between your primary carrier’s insurance settlement (including your insurance deductible up to $1,000) and your loan balance, but with GAP Plus you will also receive an additional $1,000 towards the purchase of a replacement vehicle (as long as you finance with us), in the event yours is totaled or stolen and a documented GAP claim is paid. More information is available from a loan officer.

Assurance Plus

Assurance Plus is an added feature that is a part of the GAP protection. With Assurance Plus, your deductible is covered up to $500 for the first three years of your loan. No matter how many accidents that may happen, you are covered! If your name is on a title that we don’t have a loan on, it is covered too! More information is available from a loan officer.

Mechanical Breakdown Protection

Vision has a complete line of coverage designed to keep your vehicle on the road. Even the most reliable vehicle can develop a mechanical problem. Vision protects you against major mechanical expenses, with a deductible to fit your budget on covered parts and labor. All the plans come with Rental Car Allowance and 24 hour/7 days a week Emergency Roadside Service.

1) TOWING / WRECKER SERVICE
2) GASOLINE DELIVERY
3) FLAT TIRE CHANGE
4) BATTERY-JUMP SERVICE
5) LOCKOUT SERVICES
6) CONCIERGE SERVICES

Contact our lending department for additional information today!

CsfcuLoans@changingseasonsfcu.com

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