Commerce Credit ProtectionSM – Guaranteed Asset Protection “GAP”

Protect your vehicle loan with Commerce Credit ProtectionSM – GAP. We will forgive the remaining unpaid balance of your loan should your vehicle be considered a Total Loss or Unrecovered Theft and the “actual cash value” settlement check from your insurance company is less than your remaining loan balance.*

  • Provides protection for the life of your loan
  • Covers your personal insurance deductible up to $1000**
  • Releases you from the burden of paying off the loan balance still due – on the personal vehicle you no longer have
  • Protects personal credit – making it easier to purchase a replacement vehicle
  • Available for personal use vehicle loans including Auto, Truck, Boat, Motorcycle, All-Terrain Vehicle, Personal WaterCraft and Recreational Vehicles
  • Costs as little as $349 - three convenient payment options

How it works:

Loan Balance at time of Loss   $21,000
Insurance Company Valuation $15,000  
Less Borrower’s Deductible $ 1,000  
Insurance Settlement Check   -$14,000
Amount YOU would still owe bank   $ 7,000
With Commerce Credit Protection you would owe   = $ 0

Ready to enroll?

  • Call 800-453-2265

Commerce Credit ProtectionSM - GAP Disclosure

Your purchase of Commerce Credit ProtectionSM - GAP (“GAP”) is optional. Whether or not you purchase GAP will not affect your application for credit or the terms of any existing credit agreement you have with the bank. You may choose to pay the fee in a single lump sum or in monthly payments. Adding the lump sum of the fee to the amount you borrow or paying a monthly fee will increase the cost of GAP. You may cancel GAP within 60 days and receive a full refund.
We will give you additional information before you are required to pay for GAP. This information will include a copy of the Commerce Credit ProtectionSM - GAP Addendum containing the Terms and Conditions of GAP. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving benefits under GAP. You should carefully read the Commerce Credit ProtectionSM - GAP Addendum for a full explanation of GAP.


  • Subject to Commerce Credit ProtectionSM – GAP Terms and Conditions.
  • Deductible reimbursement benefits subject to the maximum limit set forth in your GAP Terms and Conditions. Deductible reimbursement benefits are only applicable in the event a “GAP Amount” is waived under the Gap Addendum.
  • To send an email that contains confidential information, please visit the Secure Message Center where there are additional instructions about whether to use Secure Email or Online Banking messaging.