Auto Insurance

Guaranteed Auto Protection (GAP)

Protect your auto loan with Guaranteed Auto Protection (GAP). GAP helps cover the difference between the actual cash value of the vehicle (primary insurance company settlement) and the outstanding loan balance at the time of loss.

Why purchase GAP?

• It helps you pay off your remaining loan balance if your vehicle is stolen or damaged and deemed to be a total loss
• If you file a claim, get $500 towards your deductible and $1,000 towards the purchase of your next auto loan financed with CASE Credit Union
• It’s inexpensive and can be included as a small addition to your monthly loan payment

Depreciation Protection Waiver (DPW)

At CASE Credit Union, we understand that vehicle depreciation is one of the biggest financial challenges for car owners. Whether you’re buying new or used, your vehicle’s value starts to drop the moment you drive off the lot, and in the event of a total loss or theft, you could be left with more loan balance than your car is worth. That’s why we’re excited to offer the Depreciation Protection Waiver (DPW), a unique solution designed to help protect the equity you've built in your vehicle.

What is Depreciation Protection (DPW)?
DPW is a comprehensive debt cancellation product that helps cover the gap between your vehicle’s value at the time of purchase and the outstanding loan balance in the event of a total loss or theft. Unlike traditional GAP insurance, which only protects against negative equity, DPW ensures that your hard-earned equity is protected, giving you peace of mind. With DPW, you'll be covered for the difference between the MSRP or retail value of your vehicle at the time of purchase and the remaining loan balance—up to a $10,000 benefit.

How DPW Works for You
In the unfortunate event that your vehicle is totaled or stolen and not recovered, DPW waives part or all of your remaining loan balance. The waiver benefit is based on the vehicle’s value at the time of coverage enrollment, and it helps ensure that you’re not left with a financial burden when your car’s value has depreciated. DPW coverage can be added at any time during the life of the loan and is available with no mileage or year restrictions, giving you protection for the full term of your loan.

Easy to Apply for and convenient for Members
Adding a Depreciation Protection Waiver to your auto loan is simple. You can enroll at the time of your loan application or add it later, even after your loan has been finalized. The cost of coverage can be rolled directly into your monthly loan payment, making it easy to manage. Plus, with a 60-day trial period, you can cancel for a full refund if no claim has been submitted.

Who Should Consider DPW?
DPW is perfect for those who have a down payment, trade-in, or rebate and are looking to protect the equity they've built in their vehicle. Whether you're financing a new or used car, if you want extra peace of mind in case of a total loss, DPW is a smart investment.
For more information or to enroll, contact a Member Services Representative today, or contact our Lending Department with any questions. We're here to help protect your investment and ensure that you're covered, no matter what.

Credit Life and Credit Disability Insurance

You and your family can have the valuable protection you need when you take out a CASE Credit Union loan. In the event of an unforeseen circumstance, Credit Life and Credit Disability Insurance reassures you and your family will be financially protected as well as your credit rating, your collateral, and your income.

Mechanical Repair Coverage (MRC)

When your vehicle needs repair, it’s nice to know that you are covered by a protection plan long after the manufacturer’s warranty is expired. Mechanical Repair Coverage protects you from having to pay out-of-pocket for those major repair bills.

MRC Benefits:

• Use the licensed repair facility of your choice

• 24/7/365 emergency roadside assistance

• Rental car and emergency travel expense reimbursement

Learn More

Different plans are available! For more information, contact us today online or by phone at 517.393.7710. 

Liberty Mutual Insurance

Founded in 1912, Liberty Mutual has been providing useful and competitively priced insurance services to help people live safer, more secure lives. Liberty Mutual offers a full line of insurance products for your family or business including, auto, home, and renter’s insurance. Through nearly 100 years of steady growth, Liberty Mutual is well equipped to offer affordable services to credit union members nationwide.

For a quote or more information, contact a CASE Credit Union/Liberty Mutual Representative

Kevin Damesworth
517.347.6722 ext. 55323

Coverage provided and underwritten by leading insurance companies, including Liberty Mutual Insurance Company and its affiliates, 175 Berkeley Street, Boston, MA. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. Discounts are not available in all states and discounts vary by state. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state regulations allow. The insurance offered is not a deposit and is not federally insured or guaranteed by your credit union.