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For example, if you owe $20,000 on your car but it's only worth $16,000, gap insurance covers the $4,000 difference should your car become totaled or stolen. Does my car insurance policy cover ...
Car insurance is required to drive legally in almost every state, so it’s important to maintain at least the state-required minimum car insurance policy even if you don’t think you need it.
Here are some unexpected things covered by insurance. Some out-of-the-norm mishaps can happen to a vehicle when it isn't on the road that many drivers don't consider — until it happens to them.
Auto repair insurance is an extension of car insurance available in all 50 of the United States that covers the natural wear and tear on a vehicle, independent of damages related to a car crash. [66] Some drivers opt to buy the insurance as a means of protection against costly breakdowns unrelated to a crash.
Gap insurance covers the difference between what your collision or comprehensive coverage pays and what you still owe on your car if it is totaled. Your primary insurance will pay the actual cash ...
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