How GAP Insurance Can Help You

GAP insurance is extremely helpful to you on the road. It is not something you will take advantage of often (in fact, we hope you never are put in a circumstance where you need to rely on it). However, it is always good to have this ace up your sleeve.

Let’s say you get in a collision, and your vehicle is rendered immobile. Your insurance will pay a part of the cost, and, per your contract, you will pay part of it as well. Sometimes there will be a gap between these two amounts. GAP insurance – otherwise known as Guaranteed Asset Protection – helps bridge the difference.

If you would like to learn more about GAP insurance, or if you have any questions about the financing process, visit us at Cortese Ford in Rochester, NY. Our team can help with all of your automotive needs.

Categories: Finance

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