GAP and Warranty Coverage

Car being protected with GAP and Warranty coverage

When You Hit a Bump on the Road,


At Florida Credit Union, our commitment to you doesn't stop with great rates on auto loans. We can also help protect your investment with Guaranteed Asset Protection (GAP), Mechanical Breakdown Protection and Loan Payment Protection. These are low-cost ways to make sure you don't face a financial crisis if something happens to you or your vehicle.

  • Insurance for totaled and stolen cars
  • Coverage for major repair bills
  • Loan payment help if you're disabled
  • Low-cost policies offer peace of mind

GAP Insurance and Vehicle Coverage

Bad things can happen to good drivers. Vehicles get stolen or damaged. If that happens, don't assume you'll be fully compensated by your auto insurance policy. As your car ages, its value drops quickly, and most policies only cover a vehicle's current value. With Florida Credit Union's Guaranteed Asset Protection, you can cover the “gap” between your vehicle’s value and the amount you still owe. GAP is included in your monthly auto loan payments, so there are no extra payments to make.

Mechanical Breakdown Insurance and Roadside Assistance

Large auto repair bills can be a budget-buster, but for just a few dollars a month, you can protect your car with one of our three mechanical breakdown insurance plans. In addition to paying for parts and labor, our offerings include 24-hour roadside assistance and rental car reimbursement.

Loan Payment Protection

We can help your family during hard times. If a Florida Credit Union borrower is disabled or dies, or loses his job, we will continue to make loan payments*, helping to ensure your loved ones are financially secure. For your convenience, the premium for this coverage is included in your monthly loan payments.