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  2. Do you need full-coverage car insurance? What it is, when it ...

    www.aol.com/finance/full-coverage-car-insurance...

    For example, if you owe $20,000 on your car but it's only worth $16,000, gap insurance covers the $4,000 difference should your car become totaled or stolen. Does my car insurance policy cover ...

  3. In this example, gap insurance will pay that $5,000 difference so you don't have to. However, what's considered a "total loss" varies by state and by auto insurance provider. When to get gap insurance

  4. Is Gap Insurance Worth It? - AOL

    www.aol.com/lifestyle/gap-insurance-worth...

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  5. GAP insurance - Wikipedia

    en.wikipedia.org/wiki/GAP_insurance

    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 sold by a broker. The second type is a waiver agreement sold by a ...

  6. Gap insurance in New York - AOL

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

    Gap insurance also does not pay for any repairs; it only usually kicks in if the car is totaled or stolen. The table below explains how gap insurance compares to both comprehensive and collision ...

  7. Collateral protection insurance - Wikipedia

    en.wikipedia.org/.../Collateral_protection_insurance

    Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions. CPI, also known as force-placed insurance and lender placed insurance, [1] may be classified as single-interest insurance if it protects the interest of the lender, a single party, or as dual-interest insurance coverage if it protects the interest of both the lender and the ...

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