Ads
related to: should you get gap insurance- Free Instant Quote
Get rewarded for your driving
experience. Request a free quote.
- 4 Out of 5 Drivers Save
4 of 5 drivers who switch to the
AARP Auto Insurance Program save.
- Superior Claims Service
24/7 claims hotline with
caring claims professionals.
- Accident Forgiveness
In an accident? The Hartford
gives good drivers a break.
- Free Instant Quote
Search results
Results From The WOW.Com Content Network
Where to get gap insurance. Gap insurance is typically offered at a dealership when you are financing a new vehicle. Most banks, credit unions and auto insurance companies also offer supplemental ...
Here’s how gap insurance works: say you have been involved in an accident and your vehicle has been damaged beyond repair and must be replaced. You still owe $18,000 on your auto loan, but the ...
Gap insurance. Comprehensive. Collision. What it covers. Only covers your car if it is deemed a total loss. Only pays the difference between the depreciated value and your remaining loan balance.
Guaranteed asset protection insurance (or GAP Insurance) is an insurance coverage offered as a supplement to automobile insurance policies or auto loans. A GAP policy covers the difference between the value of a car (i.e., what the insurance company will typically pay), and what the borrower owes on the loan if the car is totaled or stolen.
GAP insurance is often paid upfront and the purchaser is usually entitled to a refund of the unused portion of the premium if the vehicle is sold or refinanced before the end of the loan term. [4] There are two ways of getting GAP coverage. The first type is an insurance policy sold by a broker. The second type is a waiver agreement sold by a ...
For premium support please call: 800-290-4726 more ways to reach us