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Mechanical Breakdown Insurance and GAP*
Insurance is always an important step in buying a car, truck or SUV. This is why San Francisco Federal Credit Union provides several options to help protect yourself and your investment.
Mechanical Breakdown Insurance
Before you purchase your next vehicle, whether new or used, be sure to check with us for a quote on your new mechanical breakdown protection program. There's nothing more frustrating than having your car's warranty run out the day before you have a major mechanical breakdown. And believe it or not, this really does happen.

Our program offers different packages designed to protect you from expensive repair bills when mechanical failures occur - whether it's the transmission, suspension, air conditioning, or any one of the major systems that may need costly repairs or replacement.

There are many car dealers out there offering expensive extended warranties, but few cover you like our program. And the savings are rather substantial! Typically, the cost for one of the contracts will be 30-50% less than those offered at the dealerships. And our program provides some of the most extensive coverage available in the industry, as well as these great benefits:

  • Towing Coverage
  • Rental Car Coverage
  • Tire Damage Protection
  • Trip Interruption

Coverage is available on vehicles up to 10 years old and up to 120,000 miles at time of purchase. And best of all, these plans are affordable and can easily be added to your auto loan. Contact your loan officer today to take advantage of this valuable new program -- and drive home your new or used car with peace of mind.

Certain restrictions apply. For additional questions or to obtain a quote, click here.

Guaranteed Auto Protection (GAP)
Protect your auto investment...

Vehicle values decline rapidly. That's why your insurance settlement, in the event of an accident, may not cover your entire loan balance. Unless, of course, you have Guaranteed Auto Protection (GAP).

GAP is designed to eliminate your unpaid auto loan balance in the event your vehicle is stolen or damaged beyond repair (totaled). GAP supplements your primary auto insurance coverage.

GAP covers the difference between the actual cash value of your car (primary insurance settlement) and your outstanding loan balance at the time of your loss, less certain deductions like credit insurance or service warranty contracts. In the event of a total loss, GAP may even pay an additional $1,000 toward the purchase of a replacement vehicle.

GAP is designed for all drivers, whether you finance a new or used vehicle. It may even cover your insurance deductible - up to $1,000 - as part of your claim settlement. And, the cost of GAP can be financed with your loan. GAP keeps you in the driver's seat!

Certain restrictions apply. For additional questions or to obtain a quote, click here.

 

 

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This credit union is federally insured by the National Credit Union Administration. "5 Stars Superior" rating for
strength & stability.
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We do business in accordance with
the Federal Fair Housing Law and
the Equal Credit Opportunity Act.