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Originally Posted by polarity Edit: We have GAP insurance aswell, but I was under the impression that GAP came from the dealership and not your insurance company. Some insurance companies

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Old 09-20-2009, 10:46 AM   #25 (permalink)
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Originally Posted by polarity View Post
Edit: We have GAP insurance aswell, but I was under the impression that GAP came from the dealership and not your insurance company.
Some insurance companies started tapping into the GAP market as well. With stipulations or course so make sure you read your policy. I read one and it indicated that the car covered had to have been purchased new with less than 350 miles on it at the time of purchase. And, at the time it was totaled the mileage could not exceed 26,000 within 3 years of purchase. The theory is that after 3 years with a decent interest rate you should not be upside down on your load any longer.
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Last edited by WShade; 09-20-2009 at 10:48 AM.
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