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  2. If your vehicle gets totaled or stolen and you owe more on the loan than what your car is worth, gap insurance can help. ... When to get gap insurance. If you're financing a vehicle purchase, your ...

  3. Gap insurance in North Carolina: what you need to know

    www.aol.com/finance/gap-insurance-north-carolina...

    The average cost of a full coverage car insurance policy in North Carolina is $1,713 per year, but your personal rate, including the addition of a gap insurance endorsement, will vary from this ...

  4. Gap insurance - AOL

    www.aol.com/finance/gap-insurance-174430008.html

    Allstate: The Allstate gap program waives the difference between a primary auto insurance settlement and the outstanding balance owed on a vehicle. It waives covered losses up to $50,000 and ...

  5. Vehicle insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance_in_the...

    In Virginia, where insurance is not compulsory, residents must pay the state a $500 annual fee per vehicle if they choose not to buy liability insurance. [20] Penalties for not purchasing insurance vary by state, but often include a substantial fine, license and/or registration suspension or revocation, and possible jail time.

  6. Guaranteed asset protection insurance - Wikipedia

    en.wikipedia.org/wiki/Guaranteed_asset...

    Guaranteed asset protection insurance (or GAP Insurance) is an insurance coverage offered as a supplement to automobile insurance policies or auto loans. A GAP policy covers the difference between the value of a car (i.e., what the insurance company will typically pay) and what the borrower owes on the loan if the car is totaled or stolen.

  7. Vehicle insurance - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance

    A Japanese vehicle insurance policy issued by the Mitsui Sumitomo Insurance company. Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from ...

  8. Gap insurance in California: what you need to know - AOL

    www.aol.com/finance/gap-insurance-california...

    In this instance, gap insurance could help cover the remaining $5,000 you owe on your auto loan. Typically, gap insurance is only available for brand-new vehicles or for models that are less than ...

  9. GAP insurance - Wikipedia

    en.wikipedia.org/wiki/GAP_insurance

    GAP insurance is often paid upfront and the purchaser is usually entitled to a refund of the unused portion of the premium if the vehicle is sold or refinanced before the end of the loan term. [4] There are two ways of getting GAP coverage. The first type is an insurance policy sold by a broker. The second type is a waiver agreement sold by a ...

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