Gap Insurance – Is Gap Insurance A Good Deal?
What is Auto Gap Insurance?
If you are financing or leasing a new (or sometimes used) vehicle, you may be encouraged to purchase a product called car gap insurance. Sometimes you financing company may even require it because they do not think the car’s value is equal to the loan value. This happens to lots of people, especially those who choose longer auto loan payoff times, small down payments, and also because people tend to finance things like sales tax, warranties, etc.
Categories: Car Insurance Tags: auto gap, car gap
