What Can GAP Protection Do for You?
Vehicles start depreciating the moment you drive them off the lot. Many people assume if their vehicle is stolen or damaged beyond repair, their insurance coverage will pay the remaining balance owed to the lender. This is not always so.
In many cases, the amount paid to you by the insurance company may be less than what you owe the lender — and you are held responsible for the difference. GAP Protection can cover this "gap" for you.
How GAP Protection Works
Your Vehicle Is Totaled
Your car is stolen or damaged beyond repair. Your insurance pays the actual cash value — which may be less than what you owe.
The "Gap"
The difference between your insurance payout and your remaining loan balance is the gap — money you'd normally owe out of pocket.
GAP Covers It
GAP Protection covers that difference so you're not stuck paying for a vehicle you can no longer drive.
How Do You Get GAP Protection?
GAP Protection is available to be purchased at any time for a nominal cost. Get a quote when you speak to a BrightStar CU representative about your loan.
Frequently Asked Questions
Find answers to common questions about our checking accounts and services.
Showing of questions
Contact us
No questions match your search
Disclosures
Certain limitations and qualifications may apply. Ask a representative for more information. GAP Protection is offered to BrightStar CU members by TruStage. For detailed information, refer to the terms & conditions of the TruStage agreement(s).
Drive with Confidence
Protect yourself from unexpected out-of-pocket costs. Add GAP Protection to your auto loan today.