How to Buy Gap Insurance
Understand how GAP insurance works.. Understand what costs are not covered by GAP insurance.. Look up your car's current and projected fair market values.
Steps
1
Understand how GAP insurance works.
Understand how GAP insurance works.
2
Understand what costs are not covered by GAP insurance.
Understand what costs are not covered by GAP insurance.
3
Look up your car's current and projected fair market values.
Look up your car's current and projected fair market values.
4
Know when to consider GAP insurance.
Know when to consider GAP insurance.
5
Recognize if you are comfortable not purchasing GAP insurance.
Recognize if you are comfortable not purchasing GAP insurance.
6
Purchase a comprehensive and collision coverage policy on your car.
Purchase a comprehensive and collision coverage policy on your car.
7
Purchase GAP insurance at a dealership.
Purchase GAP insurance at a dealership.
8
Purchase GAP insurance from an auto insurance agent.
Purchase GAP insurance from an auto insurance agent.
9
Drop GAP insurance, if you purchased it, once you obtain equity on your car.
Drop GAP insurance, if you purchased it, once you obtain equity on your car.
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