If you are wondering, “what is GAP insurance on a car?” we are here to help! Now that you have browsed the Jaguar model lineup and decided on which of our luxurious vehicles you want to bring home to Beverly Hills, it is natural to want to protect your investment! So, what is GAP protection?
GAP insurance stands for Guaranteed Asset Protection. This form of insurance covers the difference between the value of your vehicle and what you have left to pay. If you are ready to apply, contact us for guidance, or if you want to learn more about what is GAP insurance, follow our guide below!
Along with covering the difference between the current value of your vehicle and what you owe, GAP insurance offers numerous other benefits. When asking “what is GAP insurance on a car?” you may be surprised at the answer, as a variety of protections are offered, including coverage of:
Discovering more about what is GAP insurance and pursuing the coverage can be invaluable for protection from the unexpected here in Bel Air.
Now that you have gotten a grasp on the value of GAP protection, you may be asking, “is GAP insurance worth it?” If you want to have the most well-protected ride in Los Angeles, GAP insurance is absolutely worth it! GAP protection offers coverage against the unknown and offers peace of mind during storms and through other unforeseen occurrences.
This coverage is also great at combating depreciation. If you get in an accident, you will be protected from the difference between your vehicle’s worth and what a standard insurance policy will offer.
GAP protection can be acquired through a third-party insurance agent or right here at our dealership in Los Angeles. Plans can cost as little as $20 per year, along with a small one-time fee. The initial payment can be made during your purchase and you can apply for financing from the comfort of your home!
Now that you know the answer to, “what is GAP protection?” the only thing left to do is find the policy that fits your needs. Visit our dealership where we can help you learn how to trade-in a vehicle, comprehensive insurance coverage, discover more about, “what is GAP insurance on a car?” and take a test drive today!
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