Gap insurance helps pay off your auto loan if your car is totaled and you owe more than its depreciated value. See our informational video and find out more.
Gap insurance, or guaranteed asset protection, is an optional coverage that pays the difference between what your vehicle is worth and how much you owe on your car at the time it’s stolen or totaled. This coverage supplements a comprehensive or collision car insurance payout, which can only...
Gap insurance is an optional type of car insurance that covers the difference between a car's actual cash value and the balance left on the loan or lease. In case of a total loss, gap insurance covers the "gap" between the amount reimbursed by the driver's car insurance policy and the ...
Gap insurance is meant for the unexpected, much like all insurance. If your car is totaled or your vehicle is stolen, gap insurance coverage may apply if you owe more than the car is worth at that time. Gap insurance may make sense if: ...
Legal Coverage Limits Factors That Affect Legal Coverage Rates Conclusion Introduction Car insurance is an essential investment for every driver. While the primary purpose of car insurance is to cover the costs of repairs or replacement in the event of an accident, it also provides protection in le...
Other than when paying the monthly bill, your car insurance policy is not likely to be something you spend a great deal of time thinking about. But understanding your policy, as well as its coverages and exclusions, is critical to ensure you’re adequately protected if the need ever arises...
Most home insurance policies won’t cover flood damage, so you might need separate flood insurance. Learn what flood insurance covers and where to get it.
In today’s uncertain times, having proper health insurance coverage is crucial for individuals and families alike. However, navigating the complex world of health insurance can be overwhelming, especially when it comes to understanding the fine print and the details of your coverage. ...
The provocative advice of health policymakers in endorsing private health insurance, as a critical tool for health reforms, is well-reckoned as a deterrent to mounting healthcare expenditure in the wake of the public health insurance quagmire. However, scholarly evidenc...
How Does Moving Insurance Work? Moving insurance is coverage that you purchase before a move to safeguard against potential damage or loss to your belongings. Depending on the coverage you choose, moving insurance may replace, repair, or reimburse you for items that break or go missing in transi...