What is gap insurance, and should you get it?
Gap insurance pays off your loan if your vehicle is totalled or stolen and you owe more than the depreciated value
You’re excited. You’ve just picked up your new $35,000 vehicle. You drive it off the lot and head for the highway to take it for a spin. You’re cruising through the last intersection before the on-ramp when… you get T-boned.
Article Written By: Mike Friskney
Original Article Posted on: December 8, 202
Link to Original Article: https://driving.ca/features/insurance/what-is-gap-insurance-and-should-you-get-it