GAP Auto Insurance
Gap Auto Protection can provide valuable protection during the early years of your car's life if you have a loan or a lease.
If a loss occurs, GAP will pay the difference between the
actual cash value of the vehicle and the current
outstanding balance on your loan or lease.
If your vehicle has been totaled by accident, theft, fire,
flood, tornado, vandalism, or hurricane, your
insurance company typically pays the actual cash
value. That may be less than its actual retail value.
It is often considerably less than the actual amount
you still owe on your loan or the amount due for a
GAP Auto Insurance helps cover this "gap."
BOFCU wants you to be confident in your car!