Phrases with «gap coverage»

"Gap coverage" refers to insurance that pays the difference between the amount owed on a loan for a vehicle or property and the actual value of that vehicle or property, in the event it is damaged or stolen. Full definition

Related phrases

Sentences with «gap coverage»

  • The loan or lease gap coverage functions in the same manner as if you were to purchase it as a single endorsement. (valuepenguin.com)
  • What's more, purchasing gap coverage from your insurance company makes the claims process easier. (trustedchoice.com)
  • In some states, you can purchase extra coverage, such as gap coverage, new car replacement coverage or vehicle value upgrade. (nationwide.com)
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