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Gap Insurance?

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Old December-14th-2001 | 01:21 AM
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Gap Insurance?

Is this kind of insurance worth getting? I am planning on buying my car, and I have never had a car stolen/totaled, so I never had to deal with the insurance company on this. Is the a place to get it besides the dealer? Any info will help tnks...
Old December-14th-2001 | 04:26 AM
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Question What do you mean?

By gap insurance, are you reffereing to insurance that will cover the difference between what you owe and what the car is actually worth?

If that is what you are refferring to it is usually offered by who ever does the financing, to protect them and you. Depending on how long you plan to finance the car it is worth it. Longer financing definately. Short term financing, maybe not.

Hope that helps...
Old December-14th-2001 | 12:54 PM
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Also if you your upside down on a trade in as I was, then it is definitely worth getting!
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