Insurance

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You depend on your vehicle. But big unexpected repairs can happen after your factory warranty expires. MemberCare Driver Protection - Comprehensive Vehicle Coverage can help you limit the cost of any breakdowns. 

Whether you're buying a car for yourself or for a loved one, it should be a worry-free experience from the moment you make the purchase. As a valued member, you can get the best-in-class vehicle coverage for the best value - keeping you on the right track and protecting you from unexpected repair costs if a breakdown occurs. 

Comprehensive Vehicle Coverage is a great investment to save you from unexpected,and often hefty, repair bills for common repairs like the ones listed below:

Average Repair Costs:

Engine: $7,657.86

Transmission: $5,424.66

Cylinder Head: $3,265.03

Choose from 3 levels of coverage: Elite, Enhanced, and Essential.

Coverage Benefits:

• Road Hazard Tire & Wheel
• Key Replacement
• Paintless Dent Repair
• Windshield Repair
• 24/7 Emergency Roadside Assistance
• Substitute Transportation
• Trip Interruption

In most circumstances, your vehicle is worth a lot less the second you drive it off the lot. Protect the investment made in your vehicle with GAP.

What is GAP?

Guaranteed Asset Protection, or GAP, is a voluntary, non-insurance program offered as protection on a new or used vehicle that is financed or leased. It is a supplemental benefit that enhances, rather than replaces, your standard comprehensive, collision, or liability coverage. GAP waives the difference between your primary insurance carrier’s settlement and the payoff of your loan.1  In other words, it protects the “gap” between your vehicle’s value and the amount you still owe in the case it is damaged beyond repair or stolen and never recovered. 

How does GAP work? 

Depending on where you live, the established market value of your vehicle could be less than the actual balance you owe. In the event of a total loss or theft, GAP waives the difference between your primary insurance carrier insurance settlement and the payoff of your loan, subject to limitations and exclusions including a maximum loan-to-value limitation which may cap the benefit you receive. Included in the deficiency balance is the deductible up to $1,000.

Consider this example...Your one-year-old vehicle is totaled beyond repair. 

Your loan balance is $15,000 

Your insurance company settlement is $10,000 

• based on your vehicle’s market value of $11,000 
• less your insurance deductible $1,000

The total amount you owe without GAP: $5,000 

The total amount you owe with GAP: $0