Take worry-free vehicle ownership to a whole new level. An extended warranty allows you to continue enjoying peace of mind well past the manufacturer’s warranty. Even better – you can roll your extended warranty into Addition Financial financed auto loan payments.
Learn more about IWS Premier Vehicle Service Agreement
Learn more about IWS Premier Vehicle Service Agreement (Español)
Learn more about Keyguard Emergency Assistance Service
Learn more about IWS Powersports
Learn more about Electric Vehicle Service Agreement
Premiums can be included with your auto loan payment
Coverage is transferable to subsequent owners
24-hour claims line
60-day money back guarantee
Travel Expense Allowance
Don’t let a wrecked vehicle wreck your finances.
Guaranteed Asset Protection (GAP) is a great way to protect your finances if the value of your vehicle is less than the amount of your car loan. A good rule of thumb is to assume your new vehicle will depreciate more than 20% after the first year you own it, half of which occurs the minute you drive it off the lot.* This leaves a gap between what you owe on your loan and the value of your vehicle if it’s deemed a total loss due to an accident or theft. Our GAP program may reduce or eliminate the gap between what your vehicle insurance will pay and what you owe on your loan.
*Car Depreciation: How Much Value Will a New Car Lose? CARFAX, Nov 9, 2018.
Your purchase of MEMBER’S CHOICE™ Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid.
GAP purchased from state chartered credit unions in FL, GA, IA, RI, UT, VT, and WI, may be with or without a refund provision. Prices of the refundable and non-refundable products are likely to differ. If you choose a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee.
GAP-2453288.1-0319-0421 © CUNA Mutual Group, 2019. All Rights Reserved.
Establish peace of mind for yourself when you choose to cover your Addition Financial loan with Payment Protection. By adding payment protection to your new loan, you’ll have one less thing to worry about during a period of reduced income due to disability, illness or death.