What is Gap insurance for? Gap insurance (guaranteed asset protection) protects you when you buy a new car. It's designed to cover the difference between the amount your insurer would pay out if your ...
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What Is Gap Insurance and Who Needs It?
Insurance companies pay the depreciated value of your car if it’s totaled or stolen, which might be less than your car loan balance. Gap insurance can cover the difference between the vehicle’s value ...
ALA Insurance’s GAP policies are all 5 star Defaqto rated, meaning they have been independently evaluated to assess the quality of the features and benefits they offer. Covers new, used and pre-reg ...
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