What is gap insurance, and should you get it?

Author: External Author | | Categories: Car Accident Lawyers , Corporate Lawyers , , Insurance Lawyers , Law Firm , Legal Services , Personal Injury Lawyers , Power Of Attorney , Wills & Estates

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.  

Read More
Original Article Source Credits: Driving, https://driving.ca

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