gap insurance

one way to safeguard your vehicle and your credit is by purchasing driversselect gap insurance.

gap insurance is important if your vehicle is totaled, or if it's stolen and can't be recovered.

if it's totaled or stolen and you have gap, we'll pay the difference between your insurance company's settlement and the amount you still owe the lender on your loan.

the balance owed on your vehicle would be paid off, and you'd owe nothing.

for example

loan balance $10,000
primary insurance settlement $7,000
deficiency $3,000
 
without gap, your out-of-pocket expense is $3,000
with gap, your out-of-pocket expense is $0

in this example gap insurance would have saved you from having to pay $3,000 out of pocket

our gap insurance, then, along with our extended warrantees, are two inexpensive ways to make sure that your good credit is never compromised.


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