Accident? Your auto insurance might not cover the your loan amount

Here's a look at what you should know about gap insurance

Because many autos depreciate in value quickly, it's not uncommon to have a loan balance that exceeds the vehicle's book value. If your car is stolen or totaled in an accident, your auto insurance settlement may not cover the full amount of the loan. Here's a look at what you should know.

 

GAP insurance infographic

 

GAP coverage can be an affordable way to protect your investment in your vehicle. Contact us to learn more.