What is left is referred to as the gap and that amount is what is covered
by gap insurance.
If the vehicle is not fully covered by both comprehensive and collision, there is no additional coverage provided
by gap insurance.
Not exact matches
The
gap is calculated
by subtracting your
insurance deductible from the value of your car and then subtracting the result from the balance on the loan.
«Our RDC loan division came up with a plan to hopefully fill some of the financial
gaps that might be created
by shortfalls in
insurance coverage or other factors.»
As an analysis
by the Empire Center showed, the affordability
gap between New York's
insurance market and the national average actually got smaller when a previous prior approval law was phased out under Gov. George Pataki.
«These grants will hopefully fill in the
gaps left
by the lack of private
insurance or federal assistance.»
Getting vehicle
insurance company, so if you really want to know if you've already purchased the Gap Insurance is something no amount Missouriof by you as a result, improving your long term will provide you i
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