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2. Gap insurance in New York - AOL

   www.aol.com/finance/gap-insurance-york-145545725...

   Gap coverage only pays the difference between a car’s depreciated value (or ACV) and your remaining loan amount; it will not give you the funds needed for a new purchase. ... Many gap insurance ...

3. Gap insurance - AOL

   www.aol.com/finance/gap-insurance-174430008.html

   You still owe $18,000 on your auto loan, but the vehicle is now worth only $15,000. Gap insurance would cover the $3,000 difference between what you owe on your car and its current market value ...

4. Gap insurance Massachusetts - AOL

   www.aol.com/finance/gap-insurance-massachusetts...

   Gap insurance. Comprehensive. Collision. What it covers. The difference between the amount still owed on a new or leased vehicle and the actual cash value paid out by an insurance provider to a ...

5. Vehicle insurance in the United States - Wikipedia

   en.wikipedia.org/wiki/Vehicle_insurance_in_the...

   Loan/lease payoff coverage, also known as GAP coverage or GAP insurance, [15] [16] was established in the early 1980s to provide protection to consumers based upon buying and market trends. Due to the sharp decline in value immediately following purchase, there is generally a period in which the amount owed on the car loan exceeds the value of ...

6. GAP insurance - Wikipedia

   en.wikipedia.org/wiki/GAP_insurance

   Most auto insurance companies offer this coverage to consumers. GAP insurance is often paid upfront and the purchaser is usually entitled to a refund of the unused portion of the premium if the vehicle is sold or refinanced before the end of the loan term. [4] There are two ways of getting GAP coverage. The first type is an insurance policy ...

7. Guaranteed asset protection insurance - Wikipedia

   en.wikipedia.org/wiki/Guaranteed_asset...

   Guaranteed asset protection insurance (or GAP Insurance) is an insurance coverage offered as a supplement to automobile insurance policies or auto loans. A GAP policy covers the difference between the value of a car (i.e., what the insurance company will typically pay) and what the borrower owes on the loan if the car is totaled or stolen.