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Learn about our GAP Protection

Main bullet point GAP Protection

Don't Get Caught In the GAP!

Blue Cross Texas Federal Credit Union Now
Offers Guaranteed Asset Protection!

Vehicles are expensive, but they depreciate rapidly during the first few years of ownership. During this time it is very possible for you to owe more on your auto loan than the vehicle is actually worth.

If you have an accident or your car is stolen and declared a total loss, your full coverage insurance settlement may not pay off your full loan balance. The shortage could be substantial - leaving you in a difficult financial situation.
But now Blue Cross Texas FCU offers GAP for your auto or other collateral loan! Guaranteed Asset Protection can fill in the "insurance gap" when your vehicle is in an accident or stolen and declared a total loss, up to $50,000! Plus GAP will even cover your insurance deductible up to $1000.

GAP may be added to new or existing Blue Cross Texas FCU loans, and the one-time enrollment fee may even be financed into your monthly loan payments. Contact a Credit Union Representative for details.