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Protect Your Loans

Loan Guard and these other products are insurance options that add on to your loan payment. Take the steps needed to secure your financial future and protect against the unknown.

​Guaranteed Asset Protection (GAP)

When you buy a new or used vehicle, there's no way to know if it will be stolen or totaled in an accident. Many times, primary auto insurance settlements don't pay off your loan balance. With the purchase of GAP, you're protecting your vehicle investment against a possible financial loss. 

If your car is stolen or totaled in an accident and there's a difference between what you owe on your auto loan and the value of your vehicle, GAP will help cancel the difference based on the terms of your member agreement. 

Mechanical Repair Coverage (MRC)

It's hard to anticipate vehicle repairs and maintenance, and budgeting for this can be difficult and tie up funds earmarked for other needs. Mechanical Repair Coverage is a voluntary product that may help you pay for repairs on your vehicle, giving you more control to help you keep your car on the road where it should be. 

If your vehicle breaks down, MRC pays for the cost of the covered repairs, less any deductible, at any authorized repair facility in the U.S. or Canada. As the age of your vehicle increases, so do the cost of repairs, making MRC so valuable. It even covers 24-hour emergency roadside assistance and travel expense reimbursement.