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A New Article Presents What Is GAP Car Insurance and Why Drivers Need It

LOS ANGELES, July 11, 2020 /PRNewswire-PRWeb/ -- Compare-autoinsurance.org has launched a new blog post that presents the information drivers need to know about GAP insurance.

For more info and free car insurance quotes, visit: https://compare-autoinsurance.org/main-benefits-of-gap-insurance/

The moment when a driver drives off the dealer's lot with a brand-new vehicle, it begins to depreciate. Most cars lose as much as 20% of their value in their first year on the road. Drivers who own full coverage and total their cars will only be reimbursed with the actual cash value of their vehicles and not with the value of a brand-new vehicle. Gap insurance covers the difference between the car's current market value and the amount the drivers owes to the lender.

Drivers who plan to get a new vehicle should know the following about gap insurance:

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

SOURCE Internet Marketing Company

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News published on 11 july 2020 at 11:10 and distributed by: