Before you buy that new car, consider purchasing Guaranteed Auto Protection (GAP). GAP protects you financially in the event of a total loss resulting from theft, fire, collision or acts of Mother Nature. GAP can be financed in your LFCU auto loan or you can purchase it up to 18 months after the date of your loan. GAP will cover the difference between your loan payoff and the insurance company settlement. Your loan balance will be paid in full, including the portion caused by your deductible.

Without protection, you may be left without a car, have out-of-pocket expenses or negative equity on your car loan in the event of an auto accident. In the event of a paid claim, you are also eligible to receive an additional $1,000 toward the purchase of a new vehicle, within 90 days, if you finance the new vehicle with Langley Federal Credit Union.

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