GAP Insurance (Financing a Car)?
*Hypothetically*
If you decide not to take the dealerships GAP insurance, how much would you be paying monthly if you went through a different insurance?
*Hypothetically*
If you decide not to take the dealerships GAP insurance, how much would you be paying monthly if you went through a different insurance?
?
You would pay exactly $445.99 and a few odd sheckels + one farthing
Anonymous
The dealership provides a lot of business to the underwriter; therefore, the dealership's GAP insurance is usually less expensive.
Ron
You would be paying as much as they charged you
A Hunch
I don't know if it's different by area... but in my area, I haven't been able to find gap insurance from anyone but the dealer or lender.
If I google there will be articles that say my car insurance company offers gap insurance, but they don't. At least it's not something that I'm able to purchase. And a few years ago, my dad wasn't able to purchase it through his insurance company.
?
It's always better to get your own insurance and make sure it has Gap coverage if your financing a vehicle if you have an accident and all they do is pay off the car the dealer gets his money but what are you going to drive