GAP insurance

[siver-SI]

After looking at the EP that just got totaled it got me to thinking again about how I do not have GAP insurace. I am just wondering how can I get this since Allstate does not offer it? Since mine does not what comapanys do?

[iVtec si]

GAP insurance is normally purchased when he car is, from the dealership...



peace

[Peking]

Originally posted by iVtec si
GAP insurance is normally purchased when he car is, from the dealership...



peace

Yeah talk to your dealer, they will be more than happy to sell it to you. Also worth it IMO :)

[siver-SI]

Originally posted by Peking
Yeah talk to your dealer, they will be more than happy to sell it to you. Also worth it IMO :)

Thanks. Just wondering any idea what the cost is?

[Ep3 No.2]

sorry guys but what is "GAP" insurance ?

[trickkykidd.02]

I am almost certain I got some gap insurance with my extended warranty from Honda...

[iVtec si]

Originally posted by Ep3 No.2
sorry guys but what is "GAP" insurance ?

GAP insuracne covers you if you total your car and have negitive equity, it pays off the loan for you.

[Ep3 No.2]

oh thanks ivtec si

[ecsahs3]

I have Allstate and my policy has gap insurance. I'm in California so maybe they just don't offer it in your neck of the woods.

[dj addicted]

gap insurance paid off with a buddy of mine.. He had his 02 Nissan Spec V stolen and they amount of money the insurance was less than what he owed. The GAP insurance covered the rest so there was no money out of his pocket. By the way... they found his car stripped to the metal and burnt to a crisp in some corn field up north. It was stolen in tampa florida.

[kidXStreme]

i dont think you will have to worry about the ep getting stolen. At least not yet.:) i didnt get gap insurance.

[LHD_EP3]

I know Progressive offers it but unfortunately my current insurance company USAA does not. They told me that I could purchase some from the dealership.

[blueiedgod]

GAP insurance does not have to be purchased at the time the car is bought. You can buy it at anytime, as long as the car is still in good condition. If your insurer does not offer it, you can check your local bank, or an online bank. I am pretty sure most insurance companies offer it. You may not see it on their website, but if you called, they would find a coverage for you.

[ntense-visions]

I have GAP insurance on my car and I think it only ended up costing like $5-15 extra dollars a month on my car payment.

[SIxtasy]

Cost me like $7 a month on mine. You can cancel it at anytime too. That good so you can cancel it after you reach the non-negative payoff on your car. Or I guess if you just got sick of the car you could torch it with no regard.;) ;) ;)

[siver-SI]

I wonder if I called up Honda if they would add it? They are who my car is financed through.