Protect Your Vehicle with GAP Advantage Insurance

The worst thing that can happen after the purchase of a vehicle is to owe money after being involved in a loss incident. SDCCU protects its members from potential loan deficiency by offering Guaranteed Asset Protection (GAP) Advantage Insurance to cover the “gap” between the value of your vehicle if declared a total loss or if your vehicle is stolen.

How Does GAP Advantage Insurance Work? 

Car insurance only covers the actual value of the vehicle. If your vehicle loan is more than the vehicle's value, GAP Advantage Insurance will cover the difference. For example, if you have an auto loan for $17,000, but the estimated value of your vehicle is $12,000, your insurance will only pay the estimated value minus the deductible if the vehicle is in a total loss incident. GAP Advantage Insurance will pay the remaining $5,000, avoiding an out-of-pocket expense for you. 

SDCCU GAP Advantage Insurance Benefits

• Low, competitive rate of $499. 
• Fully refundable within first 60 days if no benefits have been paid.¹
• GAP Advantage Insurance can be purchased up to one year after the purchase of your vehicle with SDCCU.
• Eliminates or reduces “out of pocket” expenses for remaining loan balances after a loss settlement, protecting you from owing money on your loan if your vehicle is totaled and the value is less than the loan. 
• Receive $1,000 credit toward the financing of your next vehicle with SDCCU if your vehicle is totaled.²
• Provides coverage against the immediate depreciation of new cars if an accident occurs. 

SDCCU GAP Advantage Insurance can be purchased by contacting our Call Center at (877) 732-2848 or at any of our convenient Southern California locations. 

1. All refunds submitted within the first 60 days are reviewed to determine eligibility. 
2. Terms and conditions apply. A $1,000 credit for a replacement vehicle must be financed within 90 days from the date of the accident.