Gap insurance is an optional type of car insurance that covers the difference between what you owe on your car loan and the depreciated value of your vehicle if it's totaled, providing financial protection for leased or financed vehicles.
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In the event of an accident in which you've badly damaged or totaled your car, gap insurance covers the difference between what a vehicle is currently worth ( ...
Gap insurance is an optional car insurance coverage that helps pay off your auto loan if your car is totaled or stolen and you owe more than the car's ...
Mar 8, 2024 · What is Guaranteed Asset Protection (GAP) insurance? ... GAP is an optional product that is intended to cover the difference between the amount ...
Gap insurance is an optional auto insurance coverage that applies if your car is stolen or deemed a total loss. When your loan amount is more than your ...
Gap insurance covers the gap between what you owe on you car and the current market value. Find out how it works, and what it does and doesn't cover.
Gap insurance covers the gap between a vehicle's actual cash value and the outstanding balance on a loan or lease if your car is totaled or stolen. While it isn ...
Jan 5, 2024 · Gap insurance covers the difference between what you owe on a car lease or loan and the amount paid out in a total loss settlement from an auto ...
Gap insurance stands for Guaranteed Asset Protection insurance. It is an optional, add-on coverage that can help certain drivers cover the “gap” between the ...
Gap insurance helps pay the difference between what's owed on a vehicle loan and the actual value of it, if it's stolen or a total loss.