McMurrey Federal Credit Union offers GAP Insurance on new and used Automobiles, Trucks, SUVs, Motorcycles, ATVs, Jet Skis, Travel Trailers, Watercraft and Motor Homes. GAP coverage can be offered at any time during the loan. GAP coverage is up to 150% of MSRP on new cars and NADA average retail on used vehicles. All other collateral is up to 125% of MSRP (new) and 125% of average retails NADA business value (used). Maximum GAP benefit is $50,000.00. GAP coverage ends after 72 months regardless of loan term.