Car Insurance Questions
New car? New insurance policy? New questions? We’ve got you covered. From Addpr.com comes a helpful, informative article discussing the importance of car insurance coverage, as well as the all important Gap Insurance for those who may have a vehicle with a high resale value or have financed the entire vehicle with a loan, minus a down payment.
Imagine you just paid for a brand new car, and financed the entire amount. Your resale value may decrease faster than your paid off loan amount. If you were in this scenario and were in a car accident, chances are your insurance company may value your vehicle at less than what you owe, or the current resale value. That’s where Gap Insurance comes in! Read more at http://www.addpr.com/articles/automotive/48389.html
