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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.
Gap insurance only provides financial protection for the gap between the actual cash value of a vehicle at the time of a total loss claim and the current amount still owed on an auto loan. Total ...
GAP coverage is mainly used on new and used small vehicles (cars and trucks) and heavy trucks. Some financing companies and lease contracts require it. [2] GAP insurance covers the amount on a loan that is the difference between the amount owed and the amount covered by another insurance policy. [1] Some GAP policies also cover the deductible. [3]
Gap coverage can be found under loan/lease coverage. Allstate : As the fourth largest auto insurer in the U.S. , it offers several add-on coverage options and numerous discounts to potentially ...
Gap insurance costs The cost of gap insurance usually depends on the make and model of a vehicle, the rate of depreciation, your age, and your vehicle claims history. It also varies by state.
An addendum or appendix, in general, is an addition required to be made to a document by its author subsequent to its printing or publication. It comes from the gerundive addendum, plural addenda, "that which is to be added", from addere [1] (lit. ' 'give toward' ', compare with memorandum, agenda, corrigenda).
Complete window sticker for the 2012 Chevrolet Volt plug-in hybrid 2008 fuel economy sticker. The Monroney sticker is required to be affixed to the side window or windshield by the manufacturers before shipment of new vehicles to the dealer for sale in the United States and it can only be removed by the consumer (Chapter 28, Sections 1231–1233, Title 15 of the United States Code).
United States Waiver of Inadmissibility, application for legal entry to the United States; Moral waiver, allows acceptance of a recruit into the U.S. military services; Felony waiver, special permission to allow a U.S. military recruit who has a felony on their record; Forfeiture and waiver, concepts used by the United States court system