GAP & MBI

Guaranteed Asset Protection (GAP)

If your car, truck, or SUV were stolen or totaled in an accident you may be faced with an expensive gap between the balance you owe on your auto loan and the cash value of your vehicle. Even with auto insurance, in the event of an auto disaster, there can still be a coverage gap totaling hundreds or thousands of dollars.

Eliminate the possibility of making payments for a car you no longer have by purchasing Guaranteed Asset Protection (GAP). Ask for GAP when you apply for any Northeast Credit Union auto loan. To learn more about the credit union's GAP protection, call Member Service at 1-888-436-1847 or email us at memberservices@necu.org.

Mechanical Breakdown Insurance (MBI)

When the feel of the keys in your hand brings a smile to your face, you know you've found a great set of wheels. After searching for the best car, truck, van, or SUV, you'll no doubt want to protect it, and Northeast Credit Union is ready to help with Mechanical Breakdown Insurance (MBI).

With MBI, you won't have to worry about how you'll pay repair, towing, and roadside service bills. You can choose how much you'll pay if your car has an unexpected mechanical failure of major components with a variety of deductible options. For more information about MBI including costs, limitations, and conditions or to sign up, call Member Service at 1-888-436-1847 or email us at memberservices@necu.org.