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GAP protection is available to members financing new or used automobiles with the credit union. This GAP protection covers automobiles that are either considered totalled in a accident or stolen during the loan term. GAP will make up the difference between what the automobile insurance will pay and what the loan payoff actually is. ( GAP is best suited for members who finance their automobiles close to the retail value.) GAP will also pay a member's insurance deductible up to $1,000.00 on a total loss claim. The cost of GAP insurance may be as low as $160.00 and maybe financed into the loan amount.
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