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Gap Coverage
There's a gap in your vehicle insurance that could
cost you thousands.
What causes the gap?
This is a relatively new phenomenon.
It is actually caused by fierce competition. With more
offers of low- or no-down payments when buying or leasing
a vehicle, you have little or no initial equity in the
vehicle. After the vehicle is purchased, the value decreases
substantially. Unfortunately, the vehicle's value may
be less than what you owe on your loan. Hence the "gap."
Surprise. Auto insurance doesn't pay it all.
You are liable for this "gap" in your
coverage -- a gap that could cost you thousands of dollars.
Most people worry about getting a scratch on their new
car. Imagine how you'd feel if all of a sudden your
pride and joy - your brand new car - was a total wreck,
and you had to pay $10,000 out of your own pocket -
over and above what your insurance pays. How would you
feel? Think about it. Then think about this.

Who pays the difference? You do.
The question is not can you afford
GAP insurance, but can you afford not to have
GAP insurance?
for a low price you're covered with $10,000 of GAP
protection.
For $15 every 6 months, your auto policy
will provide up to $10,000 of GAP coverage for either
a new or used vehicle.
Note: Rates may vary depending on eligibility
requirements and the state where your loan agreement
is made.
What do you have to lose?
Should you decide to "gamble"
with your vehicle, you may remove the "GAP"
endorsement at any time. You will only be charged for
the time the GAP endorsement is on your policy.
Don't put it off. Ask for a GAP application now.
It's a very small price to pay for this much peace
of mind.

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