GAP Insurance

Your car is a major investment. It's time to protect it.

Rely on us when your vehicle is stolen or totaled.

Affordable coverage
Loan pay-off assistance
Up to 84 months of coverage

Pay off your loan and get cash for your next car

If you're in an accident and your car is totaled, regular auto insurance only covers the current value of your car, not how much you still owe on your financing. With Guaranteed Asset Protection (GAP) Insurance from Michigan First, you won't be saddled with payments for a vehicle you can no longer drive. Your loan will be paid in full, plus you'll get $1,000 toward your next vehicle purchase.

  • Protection for up to 84 months on vehicles valued up to $100,000 at the time of purchase
  • Coverage cost can be rolled into your original Michigan First Vehicle Loan
  • GAP is available for cars, SUVs, pickup trucks, and a variety of other vehicles, including motorcycles, ATVs and snowmobiles
  • After your regular auto insurance claim, GAP Insurance steps in and covers your loan up to 125% of your vehicle’s value
  • You’ll also receive $1,000 toward your next vehicle purchase financed with us within 60 days

Learn more about GAP Insurance:

Michigan First is a full-service credit union with branches that are easily accessible around Metro Detroit, Grand Rapids and mid-Michigan.