We've got you covered!
We’ve partnered with an industry-leading company who provides vehicle coverage and loan protection options so you'll have peace of mind knowing you're prepared for when life happens
Plan ahead and protect yourself from life's little curveballs. If there is one thing that's certain about the future - you can't predict what will happen.
Breakdown Protection
An extended protection plan to make sure you get the most out of your investment by protecting from unexpected repair costs caused by mechanical or electrical failure, which could end up being thousands of dollars. Plus - you can transfer your protection to another vehicle if you decide to sell your car.
- Nationwide Coverage
- 24-hour emergency roadside assistance
- Rental car assistance
- Transfer coverage if you decide to sell your vehicle
If your vehicle is totaled in an accident, most insurance companies will only pay its cash value. If you're still making payments on your vehicle, and the current balance of your loan is above the vehicle's cash value, you're typically liable for the difference.
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60-day refundable "free look" period
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May help the borrower avoid financial hardship and afford a replacement vehicle
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No model, mileage, or year restrictions
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May prevent a deficiency balance from being added to new loan
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May help protect the borrower's credit rating
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May receive monetary assistance towards a replacement vehicle
When you or a member of your family has to miss work because of an unexpected event, the last thing you need to worry about is how to afford your loan payments. With Debt Protection, you may suspend your loan obligation without penalty or added interest in the event of a major life event.
Vehicle & Loan Protection - AACU Vehicle & Loan Protection FAQs
GAP, or Guaranteed Asset Protection, covers the difference between your vehicle's cash value and your remaining loan balance if the car is totaled subject to vehicle loan to value limitations. GAP coverage includes a 60-day refundable free-look period. Check your eligibility before requesting a GAP quote.
Mechanical Breakdown Protection can transfer to another vehicle if you sell your car, preserving the coverage you already paid for. GAP coverage typically ties to the original loan instead. Review Auto Loans if you're financing a new vehicle.
Debt Protection covers major life events including death, disability, and involuntary unemployment, suspending your loan obligation without penalty or added interest. Full qualifications appear in your Debt Protection Program Agreement. Compare Personal Loans if you're considering new financing.
Yes, involuntary unemployment is a covered event under Debt Protection, allowing you to suspend loan payments without penalty during that hardship. Documentation requirements apply per your program agreement. Check your eligibility before adding loan protection.
Claims for Mechanical Breakdown, GAP, or Debt Protection run through a third-party protection partner rather than the credit union directly. Contact information appears in your specific program agreement or product reference card. Check your eligibility before adding any protection plan.
Products described above are from separate entities not affiliated or owned by AACU.