Should You Buy Gap Insurance On New Car Online

Most lease agreements actually require GAP insurance (and many include it automatically).

GAP (Guaranteed Asset Protection) insurance covers the difference between your car’s market value and the remaining balance on your loan or lease. should you buy gap insurance on new car

GAP insurance is about peace of mind. If writing a multi-thousand-dollar check for a car you can no longer drive sounds like a nightmare, the small annual fee is well worth it. Most lease agreements actually require GAP insurance (and

Instead, call your current auto insurance provider. Adding GAP coverage to your existing policy usually costs only . It’s the exact same protection for a fraction of the price. The Bottom Line should you buy gap insurance on new car