Protect Your Peace of Mind

When the unexpected happens to your vehicle, will you be ready? From avoiding higher out-of-pocket costs to maximizing your vehicle’s protection, we have product options to help put you at ease.

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Guaranteed Asset Protection (GAP) icon

Guaranteed Asset Protection (GAP)

Accidents Happen. Be Ready Before They Do.

Guaranteed Asset Protection (GAP) Advantage is optional coverage that can pay off or reduce your remaining auto loan balance if your car is totaled due to an accident or unrecovered theft after the insurance settlement. When your loan amount is more than your vehicle is worth, GAP protects you against financial loss or sudden out-of-pocket expenses.

  • One-time cost of only $495*
  • Can be rolled into your auto loan up to one year from the effective date the loan was financed at AMOCO
  • Provides $1,000 towards replacement auto loan, if financed at AMOCO within 90 days of the insurance settlement
Guaranteed Asset Protection Video

Due to depreciation, the average new vehicle loses 45% of its value within the first 3 years of ownership*.

If your vehicle is declared a total loss after an accident or theft, your standard insurance policy may not cover the full balance-leaving you with substantial out-of-pocket expenses.

GAP Advantage can pay up to the remaining balance of your auto loan after an insurance payout, and provide you with additional funds to finance your next vehicle with us.

Protect yourself from a financial loss and talk to a representative about adding GAP Advantage!

*information from Edmunds.com

*Rate of $495 applies to autos and light trucks only. GAP is available for other vehicle types: motorcycles, jet skis, golf carts, boats, travel trailers and motor homes. Prices will vary. Your purchase of GAP is
optional. Whether or not you purchase GAP will not affect your application for credit or the terms of any existing credit agreement you have with the financial institution. There are eligibility requirements,
conditions, and exclusions that could prevent you from receiving benefits under GAP. Carefully read the contract for a full explanation of the terms.

Have questions? Want to learn more about Guaranteed Asset Protection (GAP)? 

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How Does GAP Work?

With GAP Advantage

Illustration with two cars showing the benefit of having a GAP Advantage

In this scenario, a member does not have any out-of-pocket expenses.

Without GAP Advantage

Illustration with auto loan without a GAP Advantage

Out-of-Pocket $5,000

The above is for illustration purposes only.

Major Mechanical Protection (MMP) icon

Major Mechanical Protection (MMP)

Breakdowns Don’t Have to Break the Bank.

Major Mechanical Protection (MMP) can protect you from costly expenses associated with repairing and replacing vehicle parts. Choose the level of coverage that is best for you, and enjoy added benefits designed to maximize your protection while minimizing the inconvenience of mechanical failure.

Inclusive Benefits

  • Zero Deductible
  • Nationwide Coverage
  • Rental Car Reimbursement Allowance
  • 30-Day Money Back Guarantee
  • Transferrable
  • Direct Claim Payments via Visa/MasterCard
  • Trip Interruption

24/7/365 Emergency Roadside Assistance

  • Towing
  • Fuel Delivery
  • Flat Tire Assistance
  • Battery Jump Start
  • Lock-out Service
  • Minor Adjustments

Total Loss Refund

  • If your car is declared a total loss by the insurance company due to collision or act of God, the entire original premium of your service agreement will be refunded.

Click here to view brochure. Coverage varies based on protection plans.

Your purchase of a Major Mechanical Protection contract is optional. Plans are available for most new and used domestic and imported vehicles. Speak to your service representative for vehicle eligibility criteria and more details. Major Mechanical Protection is considered insurance coverage in some states.

Have questions? Want to learn more about Major Mechanical Protection (MMP)?

Get a Quote