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GAP pretty much just covers you if the car is valued at less than what is owed in case of it being totaled. For example if you owe 30k and
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#11 (permalink) |
A True Z Fanatic
Join Date: Jan 2011
Location: Fort Bliss, TX
Age: 41
Posts: 1,440
Drives: 2011 GM 370 base SP
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GAP pretty much just covers you if the car is valued at less than what is owed in case of it being totaled. For example if you owe 30k and it gets totaled and is valued at 25k the GAP will cover the 5k difference. At least that is how I understand it. And it isn't a mandatory thing. Just the Comprehensive and Collision is.
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