Insurance Options

Guaranteed Asset Protection (GAP)

Guaranteed Asset Protection coverage pays the difference between what you owe 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 $425 charge for cars and trucks (hundreds below dealer costs), GAP protects you and your entire investment from substantial loss.

Vehicle Service Agreement (VSA)

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:

  • No Deductible on covered parts or labor
  • Nationwide Coverage
  • 60 Day Money-Back Guarantee
  • Transferable
  • Direct Claim Payments via Visa/MasterCard
  • Top of the line coverage can be included in your auto loan for just pennies per day
  • Protection against major mechanical expenses, no matter where you travel in the United States
  • Rental Car Allowance
  • 24/7 Emergency Roadside Service for:
    • Towing
    • Flat Tire Assistance
    • Battery Jump Starting
    • Lock-out Service
    • Minor Adjustments

Credit Life & Credit Disability

Credit Life Insurance is designed to pay off the insured balance on your loan if you pass away.

Credit Disability Insurance pays your loan payments (up to the contract limit) if you become ill or disabled and are unable to work.

Both plans are underwritten by Minnesota Life Insurance Company. If you choose this coverage, the service charge will be conveniently included in your monthly loan payment.

Collateral Protection Insurance (CPI)

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.

Insurance Verification

Auto and Equity Homeowners Insurance

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 coverage. List South Florida Educational Federal Credit Union as the lien holder or mortgagee. For Auto Insurance, purchase full coverage, including comprehensive and collision.

Insurance Agents

Insurance Agents may also verify member insurance. Insurance Agents, please select the 'Agent' option on the verification page to complete the process.

Verification Questions

Please visit the Frequently Asked Questions page for any questions you may have.