GAP Insurance
keep an eye on the unexpected.
There’s a difference between what your insurance may cover and what you still owe on your loan. If worse came to worst, you could end up having to make payments on a car that’s been stolen or totaled. Don’t get stuck in the gap. Protect yourself with GAP coverage.
Low-Cost Coverage
GAP coverage costs just a few dollars a month – sign up when applying for an auto loan
High-Cost Protection
If your car is lost, stolen or totaled, you won’t have to continue making loan payments
Zero Hassle
No underwriting, no red tape, no hassle – roll the cost of GAP into your loan payment
$50,000 Benefits
Payment of benefits up to $50,000 on new and used cars, trucks, motorcycles, more
$100K Coverage
Coverage available for vehicles that were valued up to $100,000 at time of purchase
Deductible Coverage
Up to $1K of your auto insurance deductible is covered by GAP where allowed by law
Fully Refundable
Get a full refund if you cancel GAP coverage within the first 90 days of your loan
Up to 84 Months
GAP offers protection for the full life of your loan, for terms up to 84 months total
GAP Plus
$1K downpayment credit toward a replacement vehicle when financed by Allegacy
What others are saying
I have been a member for over 20 years and service beats the banks hands down
Excellent service and great location for service and convenient ATMs.
There are many advantages to being an Allegacy member. Allegacy membership was recommended to me by a friend, and I will very likely “pay it forward”.
My experience felt personal and was handled in a timely fashion.
You can never over-state the importance of business support that truly makes an impact. Since the inception of FILMCOVE, Allegacy has been there every step of the way. I’m sure their positive impact will continue to be felt by us and others for many years to come. We are grateful.
Sign up for GAP
Get GAP when you apply for an Allegacy Auto Loan.You might like ...
Here are a few other resources, pages and articles you might enjoy.
5 Simple Steps for Smarter Car Buying
If you’ve ever asked friends or family members for advice before buying a car, you were probably surprised to learn…
Making the Most of a Test Drive
At Allegacy Federal Credit Union, we believe in helping you be your best throughout the car buying process, not just…
Understanding Your Paycheck
Congratulations! You’ve just landed a new job. At Allegacy Federal Credit Union, we believe in doing the right thing for…Let's be our best, together
When you become an Allegacy member, the benefits aren’t just individual. When you invest with us, we invest in arts, education, health and community service organizations throughout the Triad. It brings us joy to help our community thrive. It’s also the right thing to do.
Hospice and Palliative Care Centers
Allegacy began supporting Hospice and Palliative Care Centers in our community after we lost someone very special to breast cancer.
Tech Night
Find out how we collaborate with the technology and data science firm Inmar and the community tech non-profit WinstonNet to help community members get their devices running faster, virus-free.
Scholarships
The ability to get an education can mean the world. We offer scholarship programs to make a difference in the lives of students like Rafael Grillo, who wanted to make...