Examples of 'gap insurance' in a sentence
Meaning of "gap insurance"
Gap insurance, also known as guaranteed asset protection insurance, is a type of coverage that helps protect against financial loss when a car is declared a total loss by an insurance company. It covers the difference between the outstanding loan or lease balance on the vehicle and the actual cash value determined by the insurance company. Gap insurance is typically purchased in addition to regular auto insurance
How to use "gap insurance" in a sentence
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gap insurance
With finance gap insurance you receive up.
Gap insurance will pay the difference.
Coverage for that situation is known as gap insurance.
Gap insurance covers that difference.
Read more about gap insurance.
Gap insurance can protect you.
You can purchase gap insurance to make up the difference.
Gap insurance is a coverage you need to request up front.
Many auto leases require gap insurance as a protective measure.
Gap insurance covers the difference between the.
You can learn more in our gap insurance guide.
Generally gap insurance is a good idea.
Some insurance companies might offer loan or lease payoff coverage instead of gap insurance.
Gap insurance is another type of coverage you may want.
Once this happens your gap insurance policy can come into force.
See also
Gap insurance covers the difference between the two amounts.
Your current insurance company may already have gap insurance built into their premiums.
Without gap insurance you would be required to pay the difference.
In most cases, you must purchase gap insurance.
Gap insurance is commonly recommended for those who leave a vehicle.
Plus, you do not have to keep gap insurance forever.
Gap insurance coverage adds more protection to your auto policy.
This is where loan / lease gap insurance can be a real saver.
Gap insurance protects you in case the car is stolen or totaled.
Short-term medical coverage is intended to act as gap insurance during transition periods.
Gap insurance will be especially appreciated by people who lease their cars.
The dealer 's offered me gap insurance to protect me in case I write the car off.
Gap insurance is a good way to add more protection to your auto insurance policy.
How much is gap insurance on a used car?
Gap insurance provides extra protection in addition to your basic car insurance for leased cars.
It 's the same with gap insurance.
Do not assume gap insurance is automatically included with full coverage auto insurance.
So, how long will you need gap insurance on your new car?
Gap insurance is meant for situations when you owe more than the car is worth.
That 's a huge factor in the “ gap ” covered by gap insurance.
Look into gap insurance if your car is worth much less than what you owe.
That 's where the Gap Insurance comes in!
Gap insurance is a good option for the following types of drivers,.
Not everyone needs gap insurance ( sometimes called “ totaled insurance ” ).
Gap insurance can make sense, especially if the loan balance exceeds the car value.
Not everyone needs gap insurance ( also called " totaled insurance " ), however.
Yes, gap insurance may cover theft in the event your car is stolen and unrecovered.
Gap Insurance will pay the difference between ;.
Gap insurance will serve you best, and Standard ratings.
Is Gap Insurance worth it?
Gap insurance can go for less than $200 from a credit union or insurance company.
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