Texans are confident when they are fully protected. We offer our members low-cost, full-protection options to safeguard you, your investment, and your credit. For your convenience, these options can easily be included in your monthly loan payment:
Guaranteed Asset ProtectionCover your vehicle in the event of an accident.
Mechanical Breakdown ProtectionProtect yourself from costly repairs.
Credit Life & DisabilityLife happens. This helps you cover it.
Guaranteed Asset Protection (GAP)Texans GAP coverage could save you thousands. If your vehicle is totaled or stolen, your insurance may not pay to cover its full value. That’s where we come in. Our GAP coverage offers low-cost protection if you have a high-cost loss, by covering additional funds needed to pay off the vehicle loan. And it’s available on most new and used auto, motorcycle, watercraft and RV loans.1
Mechanical Breakdown ProtectionCar repairs today are more expensive than ever. Fortunately, Texans offers its members Mechanical Breakdown Protection coverage. This protects you from the unexpected expense of vehicle repairs and more. There may be no deductible2 for repairs and you don’t have to wait for reimbursement — the repair costs are covered up front. Available on most new and used auto loans.3
Credit Life and Disability Coverage
Our Texans Credit Life and Disability Coverage enables you to protect your family, your credit and your possessions for minimal cost. In the event of the covered borrower’s death, your Texans loan balance may be paid off by Credit Life coverage.4
If the borrower is unable to work due illness or disabling injury and under a physician's care, Credit Disability coverage helps cover your Texans loan payment.3
1 Available on auto loans of $100,000 or less, with a maximum finance term of 84 months. Available on motorcycle loans of $50,000 or less, with a maximum finance term of 60 months. Available on watercraft and RV / travel trailer loans of $125,000 or less, with a maximum finance term of 120 months. Additional restrictions may apply.
2 Deductibles range from $0 to $100 depending on plan.
3 Available on auto loans for most vehicles less than 10 years old and with less than 150,000 miles.
4 Maximum lifetime benefit is $75,000.00 for Credit Life and Credit Disability. Maximum monthly benefit is $1,000.00 for Credit Disability. Additional restrictions may apply.