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The full coverage will cover the "value" of the car. The gap insurance will cover the difference in what you owe and what full coverage didn't cover. So you will
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A True Z Fanatic
Join Date: Mar 2010
Location: Izmir, Turkey
Posts: 15,371
Drives: 2012 Traverse LTZ
Rep Power: 54 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
The full coverage will cover the "value" of the car. The gap insurance will cover the difference in what you owe and what full coverage didn't cover. So you will owe nothing on your current loan. So will be left to get another car on your own.
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![]() 2010 Black Cherry Touring/Sport/Nav Now - 2012 Travese LTZ until I leave for Turkey |
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