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vitfil [10]
3 years ago
7

In reference to auto insurance, what is gap coverage​

Business
2 answers:
worty [1.4K]3 years ago
6 0

GAP insurance is the difference between the actual cash value of a vehicle and the balance still owed on the financing (car loan, lease, etc.).

marysya [2.9K]3 years ago
6 0

GAP coverage is the differation between the cash value of the vehicle and the amount still owed for purchasing the car on a loan.

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