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  2. That's where gap insurance comes in handy: It covers the additional cost for you. In this example, gap insurance will pay that $5,000 difference so you don't have to.

  3. Gap insurance - AOL

    www.aol.com/finance/gap-insurance-174430008.html

    Gap insurance would cover the $3,000 difference between what you owe on your car and its current market value, after accounting for deductibles. ... The cost of gap insurance is influenced by ...

  4. Guaranteed asset protection insurance - Wikipedia

    en.wikipedia.org/wiki/Guaranteed_asset...

    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.

  5. Gap insurance in North Carolina: what you need to know

    www.aol.com/finance/gap-insurance-north-carolina...

    The average cost of a full coverage car insurance policy in North Carolina is $1,713 per year, but your personal rate, including the addition of a gap insurance endorsement, will vary from this ...

  6. GAP insurance - Wikipedia

    en.wikipedia.org/wiki/GAP_insurance

    The total loss is usually determined by the primary insurance company’s third-party appraiser. [citation needed] Exclusions to GAP insurance vary by country or state. Some exclusions include a maximum loss limit of $50,000 while others require a loan term of less than 84 months. [5] GAP is an optional purchase, but many states in the US ...

  7. Gap insurance in California: what you need to know - AOL

    www.aol.com/finance/gap-insurance-california...

    In this instance, gap insurance could help cover the remaining $5,000 you owe on your auto loan. Typically, gap insurance is only available for brand-new vehicles or for models that are less than ...

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