Auto Insurance: Gap Coverage And Why You Need It
Automobile insurance is a prerequisite to driving, although not all insurance plans have the same level of coverage. In particular, many car insurance policies don't include one of the most important coverages an automobile-owner can have: gap insurance. This article outlines what gap coverage does for a policy holder and why it's something nearly every driver can benefit from having. What Does It Do Gap coverage is an invaluable component of insurance policies for drivers who have financed their vehicles, but it is also beneficial for those who fear the value of their vehicle may depreciate faster than the rate at which they are paying off their loan.