Car Gap Insurance Cheap by Mar

Car Gap Insurance is used for new or used car purchases. As probably know, your car will depreciate about twenty percent as soon as you drive it off the lot. When your car loan is for less than the replacement value of your car, that is called being upside down on your car loan. However your current car insurance will probably only credit you wil the actual value of your car if you total it, or if it is stolen. Can you imagine being out $4,000 on a $20,000 car? Just because you lost or wrecked your car, and your car insurance will only pay book value, doesn't mean you don't have to repay the loan!Car GAP insurance covers the gap between what your car is worth and what you owe on it. Your car dealer will probably offer you this insurance, but will want to charge around $700 for it. You can purchase car insurance directly from the insurance company, and save hundreds of dollars. Find Car Gap Insurance for $299! Protect your investment for less.