Skip to main content

Guaranteed Asset Protection Plus (GAP Plus)

Protect your vehicle and your wallet from the unexpected.

Bridge the Auto Insurance Gap 

If your vehicle is stolen or totaled in an accident, you could be left with an unpaid auto loan balance. Insurance settlements sometimes pay less than the amount you owe on the loan, which can be a problem – especially if you owe more than the vehicle is worth.

But GAP coverage pays the difference when insurance falls short, shielding you from financial setbacks. Plus, the policy will cover $2,500 of your next loan with St. Mary's Bank when you purchase a replacement vehicle within 120 days of your primary insurance settlement.

Finance the cost of coverage into a new loan or pay upfront

If you already have a direct vehicle loan with St. Mary's Bank, simply call our Member Contact Center at (888) 786-2791, or visit any branch office.

 

Add GAP Plus to Your Vehicle Loan

For new vehicle loans, ask to have GAP Plus added when signing your loan documents.

More Insurance Options

Give yourself the gift of "peace of mind" - check out the other insurance options we have for whatever life may throw your way.


Savings

What is an HSA? Understanding How Health Savings Accounts Work

Image of multiple fake blank checks to illustrate fraudulent check scams

How to Spot Fake Check Scams: Protect Yourself and Your Finances

Team News

Tina M. Brown Joins St. Mary’s Bank as Business Development Team Lead