Guaranteed Asset Protection Advantage
Extra Coverage, Extra Peace of Mind
What happens if your car is stolen or damaged beyond repair and you still have an auto loan to pay? That’s where Guaranteed Asset Protection Advantage, also knowns as GAP Advantage, can help.
How It Works
GAP Advantage reduces or eliminates your remaining loan balance and also covers your insurance deductible up to $1,000. Better still, GAP Advantage pays an additional $1,000 toward the principal balance on a new car if you finance your new Auto Loan with Mission Fed within 90 days of your claim.
GAP Advantage perfectly complements your standard auto insurance and is available to members with vehicles financed with Mission Fed.
Get a Quote
If you’re ready for a new ride, Mission Fed will help you buy your next vehicle. With competitive auto loan rates, flexible terms, knowledgeable specialists and resources you can shop with confidence and get into the car of your dreams.
At Mission Fed, you’ll find excellent auto insurance coverage and a variety of auto-related products aimed at giving you great protection for your car at a very affordable price.
Must meet membership and account criteria. All loans subject to credit approval. GAP Advantage is sold as a non-insurance product. GAP coverage is optional and is not a condition of credit. The product offered is not insured by the NCUA nor an obligation or guaranteed by Mission Federal Credit Union. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving benefits under GAP Advantage, including a maximum loan-to-value ratio. GAP Advantage is administered by Allied Solutions, LLC and is underwritten by Securian Casualty Insurance Company. Additional terms, conditions and limitations may apply. Please refer to individual product brochures, or request a GAP Advantage Waiver from any of our branch locations, for additional information.