The joys of buying a new car, motorcycle, boat or RV also come with the reality of ownership: vehicles break down. Accidents happen. Parts need replacing. Whether your ride has four wheels, more wheels, or no wheels at all, make sure you protect your assets and yourself from financial burden. Automobile Insurance Cover car-related damages, loss, and injuries. You’ll also protect yourself, passengers, pedestrians, other drivers and their property. Insurance is available for motorcycles, RVs, and watercraft, too through Virginia CU Insurance Services1. Virginia CU Insurance Services is an independent insurance agency, and an affiliate of Virginia Credit Union. Their partnerships with multiple insurance carriers mean they can find you the best coverage at the best possible price. Visit Virginia CU Insurance Services 1 Insurance products are offered through Virginia CU Insurance Services, LLC (VACUIS), an insurance agency affiliate of Virginia Credit Union, Inc. (VACU), and Southwest Business Corporation (SWBC) and are underwritten by unaffiliated insurance companies. SWBC is not an affiliate of VACUIS or VACU. Carriers may change without notice. Please visit www.vacuis.com for additional details. Any insurance required as a condition of an extension of credit by VACU is not required to be purchased from VACUIS, and can be purchased from an agent or insurance company of the member’s choice. VACUIS is licensed in Virginia only. Business conducted with VACUIS is separate and distinct from any business with VACU. VACU is not responsible for products and services purchased through VACUIS or SWBC. Neither VACUIS nor SWBC is insured by NCUA or any federal government agency. Insurance products offered through VACUIS and SWBC are not a deposit of or guaranteed by a credit union or credit union affiliate, and may lose value. Guaranteed Asset Protection (GAP) GAP protects you against financial loss in the event your vehicle is damaged beyond repair (“totaled”) or stolen and never recovered. With affordable GAP, you won’t have to pay the difference between insurance proceeds and the balance of your loan. In the first few years of ownership, your loan balance may be higher than the value of your vehicle, especially if you put down a small or no down-payment. If your vehicle is totaled or stolen, your insurance company will typically only pay Actual Cash Value of the vehicle. You will be responsible for payment of the difference between the insurance settlement and the loan balance. For just a few dollars a month, GAP bridges the difference.2 2 Certain exclusions may apply. This product is provided to members through other independent companies for the benefit of Virginia Credit Union members. GAP will: Protect you from financial loss Pay benefits up to $50,000 Cover your deductible up to $1,000 Protect your credit rating Give you peace of mind GAP is available for new or used vehicles, motorcycles, RVs or boats and made available to VACU members in two ways: For a one-time fee at the time you finance your vehicle. You can even include GAP as one of the items you finance. For your existing Virginia Credit Union vehicle loan. Additional qualifications must be met. Please contact Member Services at 804-323-6800 for details. Got GAP? Call Member Services at 804-323-6800 to learn more about low-cost GAP coverage for your vehicle. Call us at 804-323-6800 Loan Payment Protection Taking out a loan takes a lot of responsibility. While optional, Loan Payment Protection will reduce or pay off loan balances in the event you are disabled or die before the loan is repaid. Learn more about Loan Payment Protection Major Mechanical Protection (MMP) Vehicles break down and parts go bad. With MMP, you gain the peace of mind that many repairs, towing and roadside service costs are covered. The best time to invest in MMP is when you first buy your vehicle. Plan options are available for most new and used cars. Your coverage includes: Comprehensive repair coverage 24-hour roadside assistance Flexibility when getting repairs done. They can be done anywhere in the U.S. or Canada. Lost key and lockout assistance Emergency tire repair MMP transfers to a new owner, which adds to the resale value of your vehicle Rental car reimbursement Trip interruption expense reimbursement MMP Coverage Details Learn what MMP will cost on your vehicle. Protect your loan today. Contact Member Services at 804-323-6800. Call us at 804-323-6800 Car Protection & Insurance Resources See More Resources Car Buying Tips Shopping for a car can be complicated and time-consuming. It involves balancing your desires with your economic reality, deciding whether to buy or lease, and knowing what is the best deal for you. Buy or Lease Your Next Car? Making the decision to lease or buy your next car depends on the type of driver you are and what kind of vehicle you want. 6 Ways to Lower Car Insurance Costs Car insurance is an often overlooked expense where you could find some significant savings. There are many things you can do both today and over time to lower your car insurance payments.