Gap Insurance

Gap insurance can be a life saver in a total loss situation. If your vehicle is a total loss and you don’t know if you have gap insurance, find out immediately. This would be something you bought from the dealership where you purchased your vehicle, the loan company you have your lien through, or sometimes your own car insurance company. You can find out with a couple quick phone calls to see if you have gap insurance on your vehicle loan.

Gap insurance covers the ‘gap’ between what your vehicle is worth and what you owe on the car loan, should the loan be more than the worth. There are a few other pointers about gap insurance explained in the Claim Buster eBook. Download now. Even if you have gap insurance, that doesn’t mean you can relax, there are plenty of other pit falls the insurance company can put you in.

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