Energen Credit Union offers GAP insurance on all auto loans. GAP insurance covers a member in the event their auto financed with the credit union is deemed a total loss. The portion that the GAP insures is the difference between the pay off of the credit union auto loan and what their Comprehensive Insurance Coverage will pay. GAP Insurance will also pay their Insurance Deductible and give them $1,000 toward their next auto purchase as long as that auto is financed at Energen Credit Union. The GAP Insurance Premium cost to the member is $200 due at the closing of auto loan at the credit union. The GAP Premium can be added to the amount financed of the auto’s purchase price or it can be paid by the member ‘out of pocket’.