Greater Coverage on Your Vehicle with GAP Advantage*
Would your auto insurance policy cover the entire balance of your loan if your car was totaled or stolen and not recovered? There's a good chance it wouldn't. That's why Greater Nevada offers Guaranteed Asset Protection (GAP Advantage).
Low cost protection available with most Greater Nevada vehicle financing.
Covers the difference between your primary insurer's Actual Cash Value determination and the payoff balance on your vehicle loan according to plan terms and conditions. Some limitations apply.
Covers your insurance deductible up to $1,000.
May provide an additional $1,000 towards the down payment on a replacement vehicle (the vehicle must be financed with Greater Nevada Credit Union and the new loan must meet the underwriting requirements and be approved in order to qualify for this benefit).
For more information about GAP Advantage, call 775-882-2060 or 800-421-6674.
* Guaranteed Asset Protection is voluntary and cannot be required as a condition of loan approval. Guaranteed Asset Protection is a loan deficiency waiver and is not offered as insurance coverage. The plan is administered by Southwest Business Corporation (SWBC). License #0516221. |