ACCESS Newswire
18 Jul 2019, 18:43 GMT+10
LOS ANGELES, CA / ACCESSWIRE / July 18, 2019 / Compare-autoinsurance.org has launched a new blog post that explains the benefits of GAP auto insurance and why drivers need this coverage.
For more info and free car insurance quotes, please visit https://compare-autoinsurance.org/what-are-the-benefits-of-gap-insurance-and-when-you-need-it/
Purchasing a brand-new vehicle can be a very exciting moment for a driver. On the other hand, totaling the recently purchased car can be unpleasant for anyone. In this case, the insurance company will only reimburse the actual cash value of the vehicle at the time of the loss. This means that the driver will get less money than what he paid on the vehicle and he will remain indebted to the lienholder. In this situation, GAP insurance might be helpful. GAP insurance will pay for the difference that is between the actual cash value of a vehicle at the time of loss and what the driver owes to the bank or lender.
Drivers should purchase GAP insurance in the following situations:
For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/
Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.
"GAP insurance can protect drivers that remain indebted after their vehicles got stolen or totaled in a crash", said Russell Rabichev, Marketing Director of Internet Marketing Company.
CONTACT: [email protected]
SOURCE: Internet Marketing Company
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