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2. How to file a diminished value claim - AOL

   www.aol.com/finance/file-diminished-value-claim...

   Based on this example, an auto insurer would pay out a maximum of $1,500 for a diminished value claim on this vehicle. However, based on the damage and mileage, the final calculated estimate for a ...

3. Is gap insurance worth it to pay off your auto loan when your ...

   www.aol.com/gap-insurance-worth-pay-off...

   Standard auto insurance policies are designed to only cover the current market value of a vehicle when a claim is made. And that value depreciates over time. That's where gap insurance comes in ...

4. 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.

5. Vehicle insurance - Wikipedia

   en.wikipedia.org/wiki/Vehicle_insurance

   If a vehicle is declared a total loss and the vehicle's market value is less than the amount that is still owed to the bank that is financing the vehicle, GAP insurance may cover the difference. Not all auto insurance policies include GAP insurance. GAP insurance is often offered by the finance company at time the vehicle is purchased.

6. Gap insurance - AOL

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

   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 ...

7. 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 ...

8. New car replacement insurance - AOL

   www.aol.com/finance/car-replacement-insurance...

   If you don’t have new car replacement or gap insurance, you’ll receive the car’s actual cash value of roughly $26K, minus your deductible. That leaves you still owing $2K more than you received.

9. What is the actual cash value of my car? - AOL

   www.aol.com/finance/actual-cash-value-car...

   Insurance companies define a car as totaled when expenses to repair the vehicle exceed the car’s value. Many insurance companies will reimburse you for your vehicle’s ACV in this case, which ...