WHAT IF YOUR VEHICLE IS STOLEN OR A TOTAL LOSS ?
 

Most cars depreciate by thousands of dollars as soon as they are purchased. And if your vehicle is stolen, accidentally damaged beyond repair, or otherwise declared as a total loss, you are still liable to pay the difference, the “gap” between your insurer’s settlement and your loan balance. That gap will come out of your pocket for a vehicle that no longer exists.

WHAT CAN YOU DO ?
 

You can sign up for GAP when you apply for your vehicle loan. There is no underwriting, no red tape, no hassles. The amount of only $299 also can be rolled into your loan.

ASK ABOUT GAP PROTECTION FOR YOUR
NEXT VEHICLE LOAN
 

GAP provides security for financial loss and includes:

• Protection for the term of your loan up to 84 months.

• Coverage for vehicles valued up to $100,000 at time of purchase.

• Payment benefits up to $50,000.

• Coverage for auto insurance deductibles as part of the GAP claim settlement up to $500 and where allowed by law.

• Benefits for new or used vehicles.

• GAP Plus coverage, which includes up to $1,000 down payment credit toward a replacement vehicle when financed by NET.
   

Contact NET Federal Credit Union loan department at
570-961-1100 for information.