Guaranteed Asset Protection (GAP)

GAP protects you when your vehicle's value is less than the amount you owe.

Adding GAP insurance may reduce or eliminate the loan gap between the vehicle depreciation--what your insurance provider pays-- and what you owe on your loan if deemed a total loss due to accident or theft.1

  • Add to a new or current qualified loan2
  • Discounted even more with Advantage Plus Rewards3
  • $1,000 towards your next vehicle loan with Advia
Vehicles Covered
GAP Discount

Add GAP anytime.

We make it easy. Add GAP when you get your new loan and we'll make it part of your monthly payment.2 And it's never too late - even if you've already made your purchase. You can still add GAP by making a one-time payment.

New and used vehicles covered under GAP.2

Standard Vehicles

Power Sports



Be prepared, be protected.

Right now, GAP is as low as $549. Standard GAP protects up to 84 months, or the end of the loan, whichever comes first.2 On average, GAP can cost you as low as $0.21 a day.

Plus, you may be eligible to receive a $25 discount if you qualify for Advantage Plus Rewards!3


Discover how $0.21 a day can protect your loan.




84-month policy

Or $78.43


Or $6.55


Or $0.21



Have more questions about GAP?

Feel free to contact us any time and we'll walk you through your options.

GAP product FAQs.

First, you will need to finance your replacement vehicle with Advia. This must occur no later than 90 days after your Insurance Company’s settlement check is distributed for the total loss Auto or RV vehicle. When financing your replacement vehicle, you must let your loan officer know that you need a GAP claim on your new loan. After, Advia will file the additional claim on your behalf and will apply the funds to the principal balance of your new loan. Most qualifying GAP claims are paid within 7-10 business days.

Yes, during the claim process, you are still responsible for the monthly loan payments until the loan is fully paid off. Late fees and credit reporting still apply.

You are still responsible for the remaining balance. Late fees and credit reporting still apply. You can: Pay the loan off in full, continue to make the normal monthly payments, or apply to refinance the remaining loan balance to an unsecured loan with smaller monthly payments. If you choose to refinance, please apply online, chat with a live agent, or give us a call to see how we can assist.

If you purchased GAP insurance with Advia, we will file the GAP claim for you once we receive your Insurance Company's settlement check.

Any funds remaining after the loan is paid off are yours and will be deposited into your primary Savings Account.

Make sure your Insurance Company is aware that Advia holds a lien. Your Insurance Company will contact Advia with the relevant claim details and for Letters of Guarantee. The request must include the following claim details:

  1. Settlement Amount
  2. Claim Number
  3. Contact Information
  4. Member’s Information
  5. Vehicle Description with VIN
  6. Odometer at Time of Loss
  7. Date of Loss

Our standard GAP may be canceled within the first 60 days to receive a refund. Please chat with a live agent or give us a call so we can assist further.

You must have full comprehensive and collision damage insurance coverage at all times. Advia Credit Union must also be the loss payee.

A motor vehicle does not qualify if it’s: 1. used to transport passengers for compensation, excluding Uber and Lyft, 2. used for racing, 3. an emergency vehicle, 4. a classic vehicle, 5. salvaged or previously salvaged title vehicle, or 6. any vehicle deemed a total loss, junked, rebuilt, or reconstructed.

Currently, GAP coverage is as low as $549. However, if you’re earning Advantage Plus Rewards at the time of purchase, you can save $25.3 GAP can be included at the time of loan funding or paid for out-of-pocket if you decide to add GAP anytime thereafter! Chat with a live agent or give us a call to add GAP today.

Explore more great financial advantages.

No matter what your financial goals and needs may be, we have a solution that will work perfectly for you.

Advantage Plus Rewards

Now there are even more pluses to having your Personal Checking with Advia.

Payment Protection

Help your family prepare for the unexpected. Protect your loan balance or loan payments to help safeguard your finances.

Loan Payment Options

Advia has multiple quick, easy options to make your next loan payment.

  1. Your purchase of GAP Advantage is optional. Whether or not you purchase this product will not affect your application for credit or the terms of any existing credit agreement you have with us. We will give you additional information before you are required to pay for GAP Advantage. This information will include a copy of the GAP Waiver which will contain the terms and conditions of the GAP Advantage benefit. There are eligibility requirements, conditions, and exclusions, including a loan-to-value maximum that may cap the benefit you receive from GAP Advantage. You should carefully read your GAP Waiver for a full explanation of the benefits, rules, terms, and conditions of the program.
  2. Not available on Lease Loans.
  3. Must be qualified for Advantage Plus Reward Status at time of purchase to receive discount.