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Protect Your Loan

Texans are confident when they are fully protected. We've got you back! Texans Credit Union offers our members low-cost, full-protection options to safeguard you, your investment, and your credit. These options can easily be included in your monthly loan payment:

Guaranteed Asset Protection GAP PLUS

Keep your vehicle covered in the event of an accident.

Mechanical Breakdown Protection

Protect yourself from costly repairs. 

Credit Life and Disability Protection

Life happens. Make sure you’re covered.

Guaranteed Asset Protection (GAP)

Life happens, and saving thousands when it does sounds pretty good to us! Texans GAP coverage has the power. If your vehicle is totaled or stolen, your insurance won’t always cover the whole value. That’s where we come in. Our GAP coverage offers low-cost protection in the case of high-cost loss, by covering additional funds needed to pay off your vehicle loan. This service is available on most new and used auto, motorcycle, watercraft, and RV loans.1 

Mechanical Breakdown Protection

At Texans, we’re making car repairs manageable, even in today’s economy. Texans offers its members Mechanical Breakdown Protection coverage to protect you from the unexpected expense of vehicle repairs, breakdowns, and more. There may be no deductible2  for repairs and you won’t have to wait around for your reimbursement because expenses will be covered upfront. Coverage is available on most new and used auto loans.3 

Credit Life and Disability Coverage

Protecting your family and all the assets you’ve worked for is important. Texans Credit Life and Disability Coverage enables you to protect your family, your credit, and your possessions for minimal cost. In the event of the covered borrower’s death, your Texans loan balance may be paid off by Credit Life coverage.4

If the borrower is unable to work due to illness or disabling injury and under a physician's care, Credit Disability coverage helps cover your Texans loan payment.3

1 Available on auto loans of $100,000 or less, with a maximum finance term of 84 months. Available on motorcycle loans of $50,000 or less, with a maximum finance term of 60 months. Available on watercraft and RV / travel trailer loans of $125,000 or less, with a maximum finance term of 120 months. Additional restrictions may apply.

2 Deductibles range from $0 to $100 depending on plan.

3 Available on auto loans for most vehicles less than 10 years old and with less than 150,000 miles.

4 Maximum lifetime benefit is $100,000.00 for Credit Life and Credit Disability. Maximum monthly benefit is $1,000.00 for Credit Disability. Additional restrictions may apply.

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