Explanation and Benefits: What is Gap Insurance?
Did you know that if you were in an accident, your insurance might not cover everything. GAP insurance is extra protection that helps people ensure they'll be taken care of financially in case they're in an accident.
What Does GAP Insurance Stand For?The "GAP" in GAP Insurance stands for "Guaranteed Auto Protection".
Although it can be a little tough to wrap your head around, GAP insurance simply covers the difference between the amount you owe on a car and the amount your insurance is willing to pay for the car.
What Does GAP Insurance Cover?
Most insurance policies will cover your Buick or GMC up to a certain estimated value. Unfortunately, insurance values and the amount owed on a vehicle don't always match. Luckily, we can help you with finding GAP insurance.
GAP insurance won't always cover the entire difference, but it can make life a lot easier after a major auto accident. If you have any questions at all about GAP insurance, one of our expert team members is happy to help. Just give us a call at 866-841-1953 to learn more