As a banking company that can help you finance your new vehicle, Farm Bureau also offers add-on coverages to protect your loan, including gap insurance.

Gap insurance protects you from losing out financially if your vehicle is totaled and you still have an outstanding loan balance. With Farm Bureau Bank, gap insurance (also called “guaranteed asset protection”) can be added to your loan for a lump sum and paid along with your monthly loan installments. Farm Bureau charges $499 to add their GAP coverage to an automobile or truck loan up to $100,000, and $399 to add GAP coverage to a motorcycle or sports vehicle loan up to $50,000.

But here’s something they might not tell you—most major auto insurance companies also sell gap insurance, and at a significantly lower price. Adding gap protection to your existing car insurance policy costs, on average, just $20 to $40 per year. So before signing a contract for Farm Bureau’s GAP insurance, it may be worthwhile to see if your existing provider offers a similar type of coverage.

MORE: How to cancel gap insurance and get a refund