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If you’re in the market for a new car, gap insurance is an important coverage option to consider. Gap insurance, also known as guaranteed asset protection insurance, provides additional protection beyond what is covered by your standard car insurance policy. In the event that your car is totaled or stolen, gap insurance will cover the difference between what you owe on your car loan and the actual cash value of your car.
In this article, we’ll provide a comprehensive guide to gap insurance, including what it is, how it works, and why you need it. We’ll also explore some common misconceptions about gap insurance and provide tips on how to choose the right policy for your needs.
Whether you’re buying a new car or simply want to protect your finances, gap insurance is a smart investment. Keep reading to learn more about this essential coverage option.
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Whatever your needs, give us a call, have you been told you can’t insure your risk, been turned down, or simply unhappy with your current insurance? Since 1995 we’ve been providing coverage to our customers, and helping people across United States.
