Tag: Gap insurance

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Seven Policy Add-Ons You Should Consider

Taking a short-term savings approach may not pay off in the end, and there may be a number of coverage types that are not only right for you, but they’re also low to no-cost options in many cases.

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What is GAP insurance and why would you need it?

Gap insurance is an optional auto insurance coverage that will ensure a financed car is paid off in the case of a total loss. It pays the “gap” amount between what you owe on a car, and the actual cash value of the automobile.

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GAP Insurance: One Way to Avoid a Financial Time Bomb

Gap insurance is a great idea if you have insufficient down payment funds to ensure what you owe on your car is what it is worth when buying a new car via financing.

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