This is part of our Car Buyer’s Glossary series breaking down all the terms you need to know if you’re buying a new or used car from a dealership. Gap insurance is tied very closely to another, ...
Many people will only hear about GAP insurance when they buy a new vehicle at a dealership, as a salesperson will often try to sell them a policy. However, you are under no obligation to buy it. That ...
Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...
As it pertains to cars, gap insurance covers the difference between what you owe on your car loan and the actual cash value of your car if it’s totaled in a crash. That “gap” can amount to quite a bit ...
With insurance rates on the rise tracking with costs of repairs and interest rates, making decisions about how to protect an investment as large as a vehicle can seem a daunting, intimidating task for ...
NEWBURGH, Orange County (WABC) -- If you've bought a new car chances are the dealership may have given you the hard sell on something called gap insurance. If you've financed the purchase, and your ...
Gap insurance covers the difference between your car loan balance and what your car insurance company pays if your vehicle is totaled or stolen. If your vehicle is paid in full, you don’t need gap ...
It bridges a car's worth and what you owe from a loss, but do you need it? Oct. 21, 2013 — -- Dear Driving for Dollars, I'm getting a great deal on leasing a new car with a monthly payment based ...
View post: Walmart’s $300 Camping Grill Is Now 50% Off, and It’s the ‘Perfect Size’ You’re at the dealership, going through all of the paperwork and financing before you finally get your keys. There ...