Secure Your Car Investment Gap Insurance Secrets Revealed
Why You Need Gap Insurance
When you purchase a new car, its value depreciates quickly, often losing up to 20% in the first year alone1. If your car is totaled or stolen, your standard auto insurance will only cover the ACV, which could be significantly less than what you owe on your loan. Gap insurance steps in to cover the difference, ensuring you aren’t left paying for a car you no longer have.