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GAP Insurance

Close the GAP on What You Could Owe

If your vehicle is deemed a total loss due to an accident or theft, there can be a significant gap between what you owe on your loan and what your auto insurance will cover.

GAP (Guaranteed Asset Protection) may reduce or even eliminate that shortfall in the event your vehicle is deemed a total loss. GAP Plus1 can help reduce your next loan at Infuze Credit Union, making it easier to get the replacement vehicle you’ll need.  

Get Started Today

Essential financial protection on your vehicle loan that helps you drive with confidence. Talk to an Infuze Credit Union professional today about how we can help protect you from sudden out-of-pocket expenses with Guaranteed Asset
Protection Plus.

Visit any branch location, or send us a message if you would like more information. Or, you may call us at 573-329-3151 to learn more! 

If you are not financing or leasing your car, there is no reason to purchase gap insurance. But gap coverage can be worth it in a few situations. You should consider gap insurance coverage if:

  • You made a small down payment
  • You have a long finance period
  • You drive a lot
  • You purchased a vehicle that depreciates quickly
GAP insurance can cover the remaining amount on your loan should you owe more than the car is worth if your financed vehicle becomes totaled. The moment you drive your car off of the lot, the value depreciates and GAP is there to offset that difference if the worst happens.
The primary insurance deductible is waived only to the extent it is part of the GAP Amount. Any portion of the deficiency balances caused by the borrower’s deductible will be reimbursed up to $1,000, where permitted.
No, GAP is not transferable. GAP covers the loan and the vehicle that is listed on the loan agreement and may not be transferred to a new loan or vehicle.
If they purchased their totaled vehicle back from their insurance company, the salvage price will be deducted from their GAP Claim account.
1Your purchase of MEMBERS CHOICETM Guaranteed Asset Protection (GAP) is optional and will not affect your loan
application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions,
and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read
the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase
the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any
fee paid.

GAP purchase from state chartered credit unions in FL, GA, IA, UT, VT, and WI, may be with or without a refund
provision. Prices of the refundable and non-refundable products are likely to differ. If you choose a refundable product,
you may cancel at any time during the loan and receive a refund of the unearned fee.

GAP purchase from state chartered credit unions in CO, MO, or SC may be canceled at any time during the loan and
receive a refund of the unearned fee.

GAP purchase from state chartered credit unions in IN may be without a refund provision. If the credit union offers a
refund provision, you may cancel at any time during the loan and receive a refund of the unearned fee.




Endless Possibilities

Apply online today and you can have your money today so you can focus on what really matters.

  • Low Rates: Rates starting at 7.99% APR*
  • Flexible: Borrow as little as $200
  • Easy: Sign loan document online
Apply for a Loan
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