GAP Plus & MRC
Life Happens
Unexpected damage and costly repairs to your vehicle can have a serious impact on your finances. Get a step ahead of life's surprises by covering your vehicle with GAP Plus and MRC.
GAP
Vehicle loan protection for what your auto insurance may not cover for a wrecked vehicle.
 |
GAP Plus with Deductible Assistance: If your vehicle is deemed a total loss due to an accident or stolen, there can be a significant gap between what you owe on your loan and what your auto insurance will cover. GAP may reduce or even eliminate that shortfall in the event your vehicle is deemed a total loss. GAP Plus helps you get into your next vehicle by reducing your next loan at the credit union. Deductible Assistance: Designed to provide financial relief when your vehicle is damaged, but not deemed a total loss. If auto repairs cost more than your deductible, the deductible amount is applied to your loan, reducing what you owe. Valuable financial protection on your vehicle loan that helps you drive with confidence. Talk to Orange County's Credit Union today about how we can help protect you from sudden out-of-pocket expenses with GAP. |
Vehicle loan protection for what your auto insurance may not cover for a wrecked vehicle.
GAP Plus with Deductible Assistance: If your vehicle is deemed a total loss due to an accident or stolen, there can be a significant gap between what you owe on your loan and what your auto insurance will cover. GAP may reduce or even eliminate that shortfall in the event your vehicle is deemed a total loss. GAP Plus helps you get into your next vehicle by reducing your next loan at the credit union.
Deductible Assistance: Designed to provide financial relief when your vehicle is damaged, but not deemed a total loss. If auto repairs cost more than your deductible, the deductible amount is applied to your loan, reducing what you owe.
Valuable financial protection on your vehicle loan that helps you drive with confidence. Talk to Orange County's Credit Union today about how we can help protect you from sudden out-of-pocket expenses with GAP.
Guaranteed Asset Protection Plus with Deductible Assistance: GAP, which includes deductible assistance, is not insurance; it is an optional debt cancellation product. GAP will not affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP Fee to the amount financed under your contract will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days, you will receive a full refund of any fee paid.
GAP-6141240.1-1223-0126
Also Known as Mechanical Breakdown Insurance in California (MBI)
Protect your vehicle from unexpected covered repairs.
 |
Unexpected auto repairs happen – and they can cost you hundreds or even thousands of dollars. MRC can help deflect some of those costly covered repairs even after your car’s warranty has expired. Not only can this coverage help you save significantly on anything from engine and brake replacements to electrical and A/C repairs, but you’ll also receive the benefits of: |
Also Known as Mechanical Breakdown Insurance in California (MBI)
Protect your vehicle from unexpected covered repairs.
Unexpected auto repairs happen – and they can cost you hundreds or even thousands of dollars. MRC can help deflect some of those costly covered repairs even after your car’s warranty has expired.
Not only can this coverage help you save significantly on anything from engine and brake replacements to electrical and A/C repairs, but you’ll also receive the benefits of:
☞ Deductibles from $0 to $500
Choose your deductible and that's all you'll pay. The plan pays the repair facility directly.²
☞ 24/7 Roadside Assistance & Travel Reimbursement
Confidently take your next road trip knowing you won't be left stranded in an emergency.³
☞ Transferable to the Next Owner
Get your asking price. Vehicle coverage is an added security for prospective buyers.⁴
☞ Wide Selection of Authorized Repair Facilities
Accepted at most dealerships and repair facilities across the United States and Canada so you can select a mechanic you trust.
☞ 60-Day Guarantee
Feel at ease knowing you're covered. But if you choose to cancel, receive a full refund.⁵
☞ Deductibles from $0 to $500
Choose your deductible and that's all you'll pay. The plan pays the repair facility directly.²
☞ 24/7 Roadside Assistance & Travel Reimbursement
Confidently take your next road trip knowing you won't be left stranded in an emergency.³
☞ Transferable to the Next Owner
Get your asking price. Vehicle coverage is an added security for prospective buyers.⁴
☞ Wide Selection of Authorized Repair Facilities
Accepted at most dealerships and repair facilities across the United States and Canada so you can select a mechanic you trust.
☞ 60-Day Guarantee
Feel at ease knowing you're covered. But if you choose to cancel, receive a full refund.⁵
Or call (888) 354-6228 for more information.
Mechanical Repair Coverage is provided and administered by Consumer Program Administrators, Inc. in all states except CA, where coverage is offered as insurance by Virginia Surety Company, Inc., in WA, where coverage is provided by National Product Care Company and administered by Consumer Program Administrators, Inc., in FL, LA , and OK, where coverage is provided and administered by Automotive Warranty Services of Florida, Inc. (Florida License #60023 and Oklahoma License #44198051), all located at 175 West Jackson Blvd., Chicago, Illinois 60604, 800.752.6265. This coverage is made available to you by CUNA Mutual Insurance Agency, Inc. In CA, where Mechanical Repair Coverage is offered as insurance (form MBIP 08/16), it is underwritten by Virginia Surety Company, Inc. Coverage varies by state. Replacement parts may be used or remanufactured. Be sure to read the Vehicle Service Contract or the Insurance Policy, which will explain the exact terms, conditions, and exclusions of this voluntary product.
¹Car Depreciation: How Much Value Will a New Car Lose? CARFAX, Nov 9, 2018.
²Not all deductibles are available on all coverage levels. No out of pocket expense except any deductible. Plan pays the repair facility. Limit repair costs to your deductible, if any. Choose your deductible: $0, $100, $250, or $500.
³Rental reimbursement up to $35/day for 5 days (up to an additional 5 days with verified parts delay) from day one. 24-hour emergency roadside assistance up to $100 per occurrence. Includes towing, battery jumpstart, fluid delivery, flat tire assistance & lockout service. Travel reimbursement up to $200 per day for 1-5 days for food, lodging & transportation expense, when a covered breakdown occurs 100 miles or more from home. (Not available to NY residents.) Good at any authorized repair facility in the U.S. or Canada.
⁴Transferable to increase resale value. Only if sold privately. Subject to transfer fee.
⁵Cancel for full refund within 60 days. A full refund is available only if coverage is unused in the first 60 days. If used or cancelled after 60 days, refund is prorated less administrative fees. Cancellation administrative fees vary by state.
GAP, MRC-3308972.1-1020-1122