Guaranteed Asset Protection coverage pays the difference between the scheduled principal balance on your auto loan and the actual cash value
(ACV) of your vehicle. This coverage goes into effect when you need it most - when your vehicle is stolen and isn't recovered or is totaled in
an accident and cannot be repaired.
For a low, one-time charge of $395 for cars and trucks, GAP protects you and your entire investment from substantial loss. Because most insurance
companies only cover the value of your vehicle - something that rapidly declines over the first few years of ownership – your loan balance could
be thousands higher than the value of your vehicle. GAP is
designed to cover the difference between your primary carrier's insurance settlement and the amount of your loan.
Designed to keep your vehicle on the road, Route 66 Extended Warranty provides a variety of comprehensive and inexpensive warranty
programs for new and pre-owned vehicles. Take advantage of this member-only benefit on your next vehicle purchase and safeguard your
vehicle with mechanical breakdown protection for hundreds less than you would pay at a dealership.
Member benefits include:
60 Day Money-Back Guarantee
Direct Claim Payments Via Visa/MasterCard
No matter where you travel in the United States, we protect you against major mechanical expenses, and there is NO DEDUCTIBLE on covered
parts or labor. All of our plans come with Rental Car Allowance and 24 hour/7 days a week Emergency Roadside Service for:
Flat Tire Assistance
Battery Jump Starting
The cost of this top of the line coverage can be included in your auto loan for just pennies per day. Your car's resale value
immediately increases with transferable coverage. We are so confident you will save money that we offer a 60-day money back guarantee.
If you do not purchase your own insurance, you will be required to purchase Collateral Protection Insurance. This
insurance is very costly and does not provide the insurance coverage required by the State of Florida.
If you have Insurance Verify your current insurance. Please make sure that you have your SFEFCU loan number and insurance information available before continuing.
If you DO NOT have Insurance
Please contact an insurance agency or company of your choice and purchase full coverage, including comprehensive and collision, and list South Florida Educational Federal Credit Union as the lien holder or mortgagee.
Insurance Agents may also verify member insurance. Insurance Agents, please select the 'Agent' option on the verification page to complete the process.