GAP (Guaranteed Asset Protection) Insurance

1. Covers the "Gap": If your car is totaled or stolen, GAP insurance can cover the difference between the amount your insurance company pays and the outstanding balance of your loan or lease.
2. Protects Against Depreciation: Cars depreciate quickly. GAP insurance can help you avoid being "upside down" on your loan if your car is totaled.
3. Peace of Mind: Knowing you're protected in case of a total loss can provide significant peace of mind.

Mechanical Breakdown Insurance

1. Extended Warranty: This insurance can act as an extended warranty, covering repairs and replacements for mechanical breakdowns after the manufacturer's warranty expires.
2. Unexpected Costs: Mechanical breakdowns can be expensive, and this insurance can help you avoid unexpected expenses.
3. Older Vehicles: If you own an older vehicle, mechanical breakdown insurance can be particularly valuable.
4. Peace of Mind: Knowing you're protected against unexpected mechanical problems can reduce stress.

Both GAP and Mechanical Insurance

1. Bundled Savings: Many insurance companies offer discounts or rebates when you bundle GAP and mechanical insurance with your regular auto insurance. Check out the Texas Trust GAP & Mechanical Services Bundle Package
2. Financial Protection: Both types of insurance can provide financial protection in the event of a loss.
3. Risk Management: By purchasing GAP and mechanical insurance, you're managing potential risks associated with owning a vehicle.
4. Enhanced Resale Value: Having GAP and mechanical insurance can make your vehicle more attractive to potential buyers.
5. Lease Protection: If you're leasing a car, GAP insurance can be especially important to protect you from financial liability.
6. Customizable Coverage: You can often customize your GAP and mechanical insurance coverage to meet your specific needs.

Additionally, take advantage of our limited-time offer: From October 1st to November 30th, new auto loan members can receive up to a $150 cash back deposit into their account when they accept GAP and/or Mechanical Ancillary Services with their new loan. This means you can drive away with extra cash in your pocket while enjoying the financial protection and peace of mind that GAP and mechanical insurance provide.

Note: The specific benefits and costs of GAP and mechanical insurance may vary depending on your insurance provider, the terms of your policy, and your individual circumstances. It's always a good idea to carefully review the terms of any insurance policy before purchasing it.

Disclosure Terms & Conditions: Upon fulfillment, cash back incentive will be deposited to the member's share account. Deposit occurs within 30 days after the first 90 days of active insurance coverage. Offer cannot be combined with other promotions. Gap and/or mechanical services must be purchased between 10/1/24-11/30/25 to be eligible for this promotion. Texas Trust Credit Union reserves the right to modify or end this promotion at any time