Thursday's Thought
GAP Coverage--Do you have it?
'You don’t ever know what is going to happen…you are at a stop light...someone runs the light and totals your car out. What are you going to do?
Your Insurance Company is only going to pay what the car is worth and not what you owe on it. Let's say it is worth $22,000 and you owe $25,800--in order for you to buy a new car, you have to come out of pocket to cover the difference of $3,800. BUT, if you have GAP Coverage, they will cover you 100%. I believe in it--I have it on my 2010 F150 and on my wife’s 2008 Explorer.
For just $695, you can have 100% peace of mind and 100% coverage in the event of an accident. You have no way of knowing what the market will do so this product keeps you safe.
Most people owe money when they trade. The average person rolls over $2000 in negative equity when they buy a new vehicle. By having GAP Coverage, you know that you are covered if something happens.'
Rocky Noland--Finance Manager at Jenkins and Wynne
'You don’t ever know what is going to happen…you are at a stop light...someone runs the light and totals your car out. What are you going to do?
Your Insurance Company is only going to pay what the car is worth and not what you owe on it. Let's say it is worth $22,000 and you owe $25,800--in order for you to buy a new car, you have to come out of pocket to cover the difference of $3,800. BUT, if you have GAP Coverage, they will cover you 100%. I believe in it--I have it on my 2010 F150 and on my wife’s 2008 Explorer.
For just $695, you can have 100% peace of mind and 100% coverage in the event of an accident. You have no way of knowing what the market will do so this product keeps you safe.
Most people owe money when they trade. The average person rolls over $2000 in negative equity when they buy a new vehicle. By having GAP Coverage, you know that you are covered if something happens.'
Rocky Noland--Finance Manager at Jenkins and Wynne
Comments
http://gapautoinsurancecoverage.com/Gap_Insurance_FAQs.html