Find Gap Insurance

Gap insurance providers include many major car insurance companies. Allstate, Nationwide, Esurance and USAA all sell gap insurance. Progressive has a similar policy, called loan/lease payoff coverage, which is slightly different from gap insurance because a maximum payout of 25 percent of your vehicle's actual cash value is stipulated in your .... According to the III, you may want to consider gap insurance in the following situations: If you made less than a 20 percent down payment on your vehicle. If your auto loan is 60 months or longer. If you're leasing a vehicle. If you're leasing a new vehicle, Consumer Reports notes that many lease .... Gap insurance (also known as loan/lease payoff) is an optional auto insurance coverage and applies if your car is totaled or stolen. If the amount left on your loan is more than your car is worth, gap coverage can pay the difference. For example, you have $25,000 on your loan and your car is only worth $20,000,....

If you aren't sure where to find your gap insurance, and you would like some help, or feel pressured to purchase it at the dealer, you can contact your insurance representative or state insurance commissioner for further help or guidance on your options.. Gap insurance is a wise choice in any of these circumstances: You are purchasing or leasing a new or slightly used vehicle. You are buying a vehicle of significant value. You are financing a new or used vehicle without a large down payment, creating a “gap” between your vehicle’s actual value and your loan amount..

To determine how much you're due, look at the price you paid for the insurance, then divide it by the number of months it covers. For example, if you paid $1,000 for 36 months of insurance coverage, the monthly amount would be $27.78.. Vehicle Service Contracts (VSC) Care that makes a difference. Get Honda Care ® today. No matter where you’re headed, Honda Care can help you make the most of every mile. Honda Care provides a wide variety of coverage and services designed to look out for you and your vehicle, so you can enjoy the smoothest ride possible for many years to come. 1.