If your vehicle gets totaled or stolen and you owe more on the loan than what your car is worth, gap insurance can help. Several factors will determine if gap insurance is worth it for you, including ...
Dana George has a BA in Management and Organization Development from Spring Arbor University. For more than 25 years, she has written and reported on business and finance, and she's still passionate ...
Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...
If you owe more on your car than it’s currently worth, there’s coverage for that. If you owe more on your car than it’s currently worth, there’s coverage for that. Gap car insurance covers the ...
If you've ever spent a Saturday afternoon in a car dealer's financing office, you've probably heard of gap insurance. But maybe you didn't fully know what it meant. If so, you're not alone. In simple ...
What exactly is gap insurance? Do you need it? If you're in an accident and your car is totaled, your insurance company will replace your vehicle, right? Not necessarily. This is an important question ...
Gap insurance is specifically designed for drivers with outstanding loan balances on their vehicles. It is typically only available for brand-new vehicles or for models that are less than three years ...
Gap insurance is not required by Florida law, but drivers in the state may need to buy it as a condition of a lease or auto loan. You may also want a gap insurance policy if you've financed a new car.
If you owe money on an auto loan or you’re currently leasing your vehicle, investing in gap insurance is a no-brainer. Gap insurance can help you pay off the difference between the actual value of ...