Why You Need GAP Insurance


GAP Insurance is an auto insurance policy that covers the actual value of the car when you purchased it. When you are buying a new car from a dealer, you can purchase GAP Insurance concurrently.

GAP is right for you for many reasons. If the car is ever stolen, GAP Insurance will cover you for the difference in the amount of money the insurance company gives you and the money you purchased the car. On many occasions, the money you receive from the insurance policy is not the same amount you purchased the car. This is because every car depreciates as soon as it leaves the dealership from the actual purchase value when it was bought. This is the same case when your car is written off due to the accident.

For those seeking to protect their assets with the original dealership value of their cars, the best choice for you is the Guaranteed Asset Protection Insurance Policy.
Categories: Finance

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