Learn how gap insurance protects you financially by covering the difference between your car's value and what you owe in case of total loss. Discover when to buy it.
Cheap Insurance reports that gap insurance can be essential for new car buyers to cover the financial gap between owed loan and actual cash value after a total loss, especially in cases of low down ...
Gap insurance acts as a financial safety net for drivers who finance or lease a vehicle, covering the difference between the car’s actual cash value and the remaining loan or lease balance if the car ...
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 ...
Many people will only hear about GAP insurance when they buy a new vehicle at a dealership, as a salesperson will often try to sell them a policy. However, you are under no obligation to buy it. That ...
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 ...
Gap insurance can pay out if the balance on your car loan is larger than the amount your insurance company will pay if your car is totaled Written By Written by Insurance Staff Writer, WSJ | Buy Side ...
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 ...
There’s nothing quite like the feeling of driving a brand-new car off the lot. The spotless interior, the gleaming paint, the distinctive “new car smell”-it’s a moment of pure excitement. You have ...
Our team looked at over 100 of the top auto insurance providers in the U.S., from national providers like USAA, Travelers, and State Farm to regional providers like Erie Insurance. 8,500 Data Points ...
A car's value can depreciate as much as 20% in its first year. If you're leasing or financing your vehicle, you could quickly find yourself in a situation where the balance on your auto loan is more ...