GAP Insurance: Should You Get It?

When you own a car one of the things that you will need is insurance. While many insurance policies will cover any costs associated with things such as collisions and liability, there are some expenses that it doesn’t cover. As a result, the consumer will often need to pay the difference. With GAP insurance, or Guaranteed Auto Protection, drivers will be covered because this policy takes care of the difference between the amount remaining on the loan and how much the vehicle was worth at the time of the accident.

As a new car buyer, it will benefit you to get GAP coverage so that you are well protected in case of an accident and prevent you from paying on a car you can’t even drive anymore. Here at Fox Ann Arbor Nissan, we provide some GAP insurance policies for new car buyers and our financing team is prepared to assist you in selecting the right one. Come on over to our dealership to learn more about how we can assist you in getting this policy.

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