What Does Gap Insurance Mean?

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What does Gap Insurance mean? Read on to discover the definition & meaning of the term Gap Insurance - to help you better understand the language used in insurance policies.

Gap Insurance

Gap Insurance

An auto insurance policy option that covers you from having to pay the entire balance left on your auto loan or lease, in case an accident totals your vehicle, and any compensation does not cover the balance.

We hope the you have a better understanding of the meaning of Gap Insurance.

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