myDFCU Guaranteed Asset Protection Insurance Plus (GAP)

GAP Insurance
Don't be stuck making payments on a car you can't drive!

How many times have you heard of someone's car being totaled or stolen and their insurance company refusing to payoff the loan balance?

It's all too common nowadays, since many insurance companies only pay the 'Actual Cash Value' of the vehicle. In most cases, this doesn't equate to the loan balance, and the borrower is left paying the difference.

To protect members from this unpleasant situation, we've partnered with Cuna Mutual Group to offer an inexpensive solution. Named Guaranteed Asset Protection Insurance Plus (GAP), our GAP Plus program waives the difference between your primary insurance company's settlement and your DFCU auto loan balance on itmes directly related to the purchase of your vehicle.  GAP Plus coverage also includes up to $1,000 toward your down payment of a replacement vehicle (where allowed by law and when financed by our credit union)

GAP Plus is offered to members for a low one-time fee and is good for the life of your loan. And if for any reason you are unsatisfied with this coverage, you can cancel the protection and receive a full refund during the first 90 days.

To make your decision even easier, we offer several payment options. You can add the premium to your auto loan (which will increase the payment accordingly), write us a check, or transfer the full amount from your savings or checking account.

For more information contact our loan department at (501) 340-2300.  You can also email us at info@mydfcu.com.