What is gap insurance on a car? GAP (Guaranteed Asset Protection Insurance) protection is the difference between the value of the model and the balance still owed on it. Now that you know what GAP protection is, are you interested in applying? Want to know more about what GAP insurance is on a car before you commit? Continue reading below, or get in touch with us at Cactus Jack's Auto for more information!
So, what is GAP protection exactly? You already know that GAP insurance covers the difference between your car, truck, or SUV’s value and the amount you owe on it. Although GAP insurance doesn’t cover your deductible, mechanical repairs, or bodily injuries, it does cover:
Now you know what gap insurance is on your car, is it worth investing in GAP insurance? Here at Cactus Jack's Auto, we believe so.
GAP insurance protects your vehicular investment when something unexpected happens, such as a grand theft auto. You’ll also want to consider that your vehicle depreciates as soon as you drive it off our lot and back to your Surprise home. Fortunately, this type of insurance will cover the GAP between the worth of your vehicle and what your insurance will cover if you get into an accident on Mesa and Glendale roads.
It’s just as important to know how to secure GAP insurance as it is to understand the definition. You can typically get GAP insurance through your auto insurer. Whether you obtain it through a business that deals explicitly with auto coverage or a Phoenix area dealership is up to you. Keep in mind that if you get covered, it’ll cost as little as $20 per year plus the one-time fee at the time of purchase.
Ready to fully insure your used vehicle against the unexpected on Phoenix roads? Then you’ll want to get in touch with the specialists in our finance center. Our savvy consultants will answer any remaining questions, provide you with up-to-date finance & insurance information, and break down each element of GAP insurance as it currently exists.
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We’ve all been there. You’re driving along in Mesa, when suddenly your check engine light illuminates. Often, there’s nothing actually wrong with your engine, yet that pesky light just won’t go away. Cactus Jack's Auto is here for you with three ways you can successfully reset a check engine light. Car Maintenance Tips & Tricks Vehicle…
Even though the 2024 Durango lineup features performance masterpieces like the SRT Hellcat, we at Cactus Jack's Auto understand that more often than not, everyday utility is the deciding factor in what vehicle you choose to purchase! In that respect, the rest of the 2024 Durango lineup has much to offer in areas like seating capacity…
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