Guaranteed Auto Protection

Because no one wants an upside-down vehicle loan.

If something unfortunate happens to your new car or RV within the first years of ownership, you can easily find yourself owing more than the car or RV is worth. Guaranteed Auto Protection (GAP) protects you from the unexpected. Here’s how:

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Add GAP to
your loan

When you get an auto or RV loan with OCCU, you can add GAP when you begin the car loan, or within the first two years as long as the vehicle has not been stolen or involved in a total loss.*

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If your vehicle is
stolen or totaled

If something unexpected should happen to your car or RV, the actual cash value that’s covered by insurance may be less than your loan debt. GAP helps cover the difference.

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Give OCCU
a call

Contact OCCU after the total loss accident or theft. We’ll put your GAP into action, and you may receive a credit to fill the gap between your insurance settlement and loan amount.

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Get help toward
your next vehicle

If you finance another vehicle loan with OCCU within 90 days of the loss, you’ll receive a bonus benefit of $1000 toward your new loan.^

GAP features

May cover the difference

GAP pays up to 125 percent of collateral value at the time of purchase in the event of a total loss. For auto and RV loans only a few years old, the difference can be thousands of dollars.

Pay a one-time fee

GAP is a one-time fee that can be paid out of pocket at the time of a new loan or rolled into your principal loan balance.

Enjoy fast service

Bouncing back from an accident or theft takes time,
but GAP helps you get back on track faster.

Try with no pressure

If you decide to cancel within 60 days, you will get a full refund.

Contact us

Do you need more protection for your loan?

There are many reasons to choose GAP when beginning a new loan:

  • Car and RV values depreciate
  • It can take years to owe less than your car or RV's insurance value
  • Even if you put money down, you could still owe a balance
  • It’s possible to owe more than you have in savings

Have questions?

Want to learn more about GAP? Let’s connect!

*GAP is only available for RVs with MSRP up to $50,000 and a maximum loan term of 180 months. Exclusions apply. See GAP Addendum to Financing Contract for details.
^RVs are not eligible for bonus benefit of $1,000.