Learn how gap insurance protects you financially by covering the difference between your car's value and what you owe in case of total loss. Discover when to buy it.
You’re driving off the lot in a new car — but the second you do, its value starts to drop. If you get into an accident or your car gets stolen in the first year or two, your auto insurance might not ...
When purchasing or leasing a new car, you have several insurance coverage options. When selecting coverage, you will likely know if you want to have collision coverage or not, but will you know what ...
I liken GAP (guaranteed asset protection) insurance to being “underwater” with your mortgage — aka, when your home loan is greater than your home is worth. As long as you keep paying your monthly ...
This article was first published on NerdWallet.com. If you’ve shopped for a car lately, you know prices are sky-high. In the past 12 months, prices for new vehicles have risen by 12.4%, according to ...
A car salesman shared his views on GAP insurance, telling people, “It’s there to protect you,” but some cynically think it’s there to get him a better commission on sales. The video comes from TikTok ...
There’s nothing quite like the feeling of driving a brand-new car off the lot. The spotless interior, the gleaming paint, the distinctive “new car smell”-it’s a moment of pure excitement. You have ...
Gap insurance acts as a financial safety net for drivers who finance or lease a vehicle, covering the difference between the car’s actual cash value and the remaining loan or lease balance if the car ...
If you’ve shopped for a car lately, you know prices are sky-high. In the past 12 months, prices for new vehicles have risen by 12.4%, according to the U.S. Bureau of Labor Statistics, and used cars ...