You are here: Forums Smart Shopper Gap Insurance

Gap Insurance

446 messages,  Last post on Dec 05, 2009 at 7:59 AM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Leasing, Buying Insurance

Messages Page 3 of 45 1 2 3 4 5 6 7 ... 45 Prev Next Last

Go To Msg # Search This Discussion

#21 of 446 voicemailking & GAP insurance by kinley Nov 16, 2000 (1:37 pm)
There is another kind of gap in Florida. Those little ole ladies in Palm Beach can play 15 bingo cards simultaneously, but can't punch a ballot?
#22 of 446 GAP Insurance at dealership by Dec 14, 2000 (3:46 am)
#23 of 446 GAP Insurance by carless4 Oct 06, 2000 (2:45 pm)
My dealership tried to sell me Gap insurance for $450.00 dollars. I looked on the internet and found other companies that I can purchase from for much less. Why is the dealer selling it for so much more? The GAP coverage that I found online was the same but at a much lower price.
#24 of 446 Re: GAP Insurance by Car_man HOST Oct 09, 2000 (5:53 pm)
Carless4, actually a large percentage of leases already include GAP insurance. Which bank is your lease through and what vehicle are you leasing? Car_Man Smart Shoppers / FWI Co-Host
#25 of 446 Check with your Credit Union by user04 Nov 06, 2000 (11:22 pm)
If you 90% to 100% finance your vehicle purchase and live in an area where your auto may get totaled - GAP is the way to go, BUT check with your credit union for this and extended warranty policies for lower costs.
#26 of 446 GAP info by 32ford Nov 10, 2000 (11:30 am)
No matter where you live or what vehicle you are leasing DO NOT SIGN ANYTHING UNTIL YOU KNOW YOU HAVE GAP INSURANCE!!!! Notice that the operative word here is leasing. I am not a great believer in gap for purchasing(financing) a vehicle unless you are financing the whole vehicle price. In a lease you must have GAP, however, if you see an item called Lease acquisition fee, bank fee, or some other such terminology it probably covers GAP insurance. Normally this shows up on the back page of the lease agreement in very small print.
#27 of 446 Gap Insurance for new car purchase. Is it worth it? by glenn54 Apr 08, 2001 (7:39 am)
I plan to finance 100% of my new car purchase loan. Should I be adding gap insurance to my insurance Edmunds.com Feature Article: Little-Known but Important Insurance Issues
#28 of 446 If you can get GAP insurance on a purchase- get it by kinley Jan 07, 2001 (1:26 pm)
Usually it is only offered on lease transactions.
#29 of 446 Gap insurance by glenn54 Jan 07, 2001 (4:58 pm)
When I asked for a quote from my insurance company (allstate) for a new car purchase, they suggested gap insurance added onto the policy incase the bluebook value doesn't cover the payoff amount in the event of it being totaled or stolen. Is there any truth to this?
#30 of 446 GAP Insurance by md2002 Jan 27, 2001 (4:52 am)
is a good thing to have since you never know when or where your vehicle will get totaled or stolen, and you are liable for the full balance due regarless of fault. GAP will cover any short fall in the payout from the insurance people.   With that said, most lenders will either include GAP in the cost or you can purchase it. To be honest all of my loans always had it, but it usually runs about $85-100. Pretty cheap compared to paying out $5-10k if your new car is totaled.   Good Luck. Replies to this message: mibmiller (Jun 06, 2006 9:20 pm) qbrozen (Jun 07, 2006 5:39 am)

Messages Page 3 of 45 1 2 3 4 5 6 7 ... 45 Prev Next Last

Go To Msg # Search This Discussion

You are here: Forums Smart Shopper Gap Insurance