Gap Insurance is beneficial if you owe more money on a vehicle than it is worth at the time it is stolen or totaled in a car crash. It is sometimes offered as an add-on to your current auto policy, but can also be offered by the car dealer at the time of purchase. This type of insurance can be very helpful, especially when you are purchasing a newer vehicle. If your current auto insurance company offers it as an add-on you might want to shop around to make sure…
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