What GAP Insurance is All About

GAP auto insurance is a great way to protect yourself against any losses that may come up when the total amount of compensation received from a complete loss is not sufficient. GAP is short for Guaranteed Asset Protection and is basically an extra coverage plan that you can add onto your existing insurance from your dealership. If you would like to find out more, you can always ask Malloy Ford Winchester to clarify any questions you may have. This type of situation may arise when the balance that is owed on a vehicle on a car loan is greater than the actual value of the vehicle.

Your Malloy Ford Winchester dealership will be able to go over the details of GAP insurance with you and will be happy to answer any questions that you may have. GAP insurance is always a good idea and is a great way to make sure that you are covered.
Categories: Finance

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