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If your car is deemed a total loss because it’s stolen and not recovered, or totaled beyond repair, your regular auto insurance will only cover the Actual Cash Value (ACV) of your car. But what if your remaining loan balance is higher than the ACV?
That’s where GAP Advantage comes in
GAP Advantage may reduce or eliminate your remaining loan balance and may cover your insurance deductible up to $1,000 in most cases. Better yet, GAP Advantage pays an additional $1,000 toward the principal balance of your new auto loan if you finance your vehicle with Mission Fed within 90 days of the insurance claim being paid.
GAP Advantage perfectly complements your standard auto insurance and is available to members with vehicles financed with Mission Fed. For more information please stop by one of our branch locations. Or, call today for your GAP Advantage quote at 858.524.2850 or 800.500.6328.
More Products & Services
Pet insurance is affordable health coverage that helps you pay the treatment costs for your pet’s accidents, illnesses and routine medical care so you can protect your pets.
Proof of Insurance
If you have an auto loan or mortgage with Mission Fed, you will be required to provide us with proof of insurance.
Life Insurance helps protect your loved ones and helps them cover the bills when you’re not there. We'll help you find out what your options are from multiple national carriers.
Find other insurance services we offer members here in San Diego.
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