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The “Upside down Situation”

Enough protection is hard to define. Even full car coverage sometimes seems to be insufficient in protecting you and your car. What would help you know what is enough for you is some careful assessment...

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How to Close a Gap

There are many types of coverage car insurance companies can provide. Depending on one’s needs and preferences, one can pick as much protection as he/she needs. However not all the coverage types are...

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When Should I Get GAP Insurance For My Car?

In our economy that is based on credit, we do not usually pay cash for the things that we need. Instead, we get loans and credit cards to pay for them for convenience because we do not have the funds...

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Things I need to know about gap insurance

“GAP” in GAP insurance stands for Guaranteed Auto Protection. This is usually taken by people who have car loan balances that are more than what their car is currently worth. Cars are one of the things...

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Closing the gap in automobile insurance agreements

A type of insurance suggested as an extra to auto insurance deals, the Guaranteed Asset Protection (GAP) insurance gives monetary security from specific kinds of loss not included in the basic car...

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Information about gap insurance that can prove useful

Everyone with a car would have thought about or opted for auto insurance at one point or another. When it comes to auto insurance, people often make mistakes. They either assume that any sort of...

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Understanding gap insurance and how it works

Gap insurance is basically the difference between the worth of the car and the amount you owe on the car. This comes into play when the car is totaled or stolen when the car owner is still making the...

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Understanding the various components in gap insurance

GAP insurance is a policy that covers the gap between the worth of the car and the amount you would owe on the car if it meets with an accident or in case it is stolen. This type of insurance cover is...

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Gap insurance and the way it works

GAP insurance as the term suggests provides for the GAP between what you have and what you need. In simpler terms, GAP insurance comes into the picture when you have taken an auto loan to purchase a...

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Understanding the characteristics of gap insurance

Guaranteed Auto Protection (GAP) insurance plays a vital role when an unpaid auto loan is pending. During the initial years, your car continues to be brand new, and a large portion of loan amount is...

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