GAP Coverage Plan
When you’re looking to buy a vehicle, particularly a new one, owing more than the vehicle is actually worth is a common occurrence. This is because of depreciation and other causes. So, if your vehicle is stolen or totaled, you may not be able to cover the entire amount you currently owe because the payout from your insurance company might not be enough.
If you ever get into one of these sticky situations, Guaranteed Auto Protection (GAP) insurance can save you a lot of money and stress in the long run. This coverage bridges the gap between what you receive from your insurance and how much you might still be in debt. Because this insurance gets added to our existing car bill, it makes it easy and valuable to have. You’ll be covered and hardly recognize the difference in your bill.
When to Consider GAP Insurance
- Purchasing a New Vehicle
- Purchasing a Lightly Used Vehicle
- Purchasing an Expensive Vehicle
- Financing a Large Amount
If you’re interested or want more information about GAP Coverage in Cookeville, TN, at Cumberland Chrysler Dodge Jeep Ram Fiat, located at 1550 Interstate Dr, Cookeville, TN 38501. We look forward to serving our customers from Crossville and Sparta.