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Belco's Online Banking

Guaranteed Asset Protection (GAP)

access_time Posted on: August 9th, 2016

Protect Your Investment

Belco offers Guaranteed Asset Protection (GAP) Plus, which pays the difference between the outstanding loan balance and auto insurer’s settlement, in the event your vehicle is stolen or totaled.

Belco’s GAP Plus also provides:

  • $1,000 toward the purchase of your next vehicle, if financed with Belco within 120 days of the claim.
  • Maximum benefit of $500 that members can receive (for motor vehicles only) to help pay your insurance deductible.

Belco’s GAP Plus can cover loans secured by:

Motor Vehicles

From passenger cars, vans, and light trucks, GAP Plus can keep your investment safe.

Power Sports

Enjoy your motorcycles, ATVs, snowmobiles, and personal watercraft/jet skis with peace of mind.


Relaxing in open waters on your boat has never felt better.

Recreational Vehicle

Whether you are camping or traveling across the country, RVs/campers/motorhomes are protected.

You get all of this protection for a low, flat fee.  Check your options before shopping for your next auto. Stop by any branch or contact us at 800.642.4482 for more information or to add GAP protection to your existing vehicle, motorcycle, or RV loan.