Vehicle Gap Insurance Indiana
Vehicle Gap Insurance Indiana
Acquire Gap Insurance for your Jeep
Are you trying to make sure that you have all of the coverage you need for your latest purchase? At Glass Capital Motors, we are doing everything in our power to provide our customers with the kind of information they need to make the best decisions for their lives. In particular, once you've bought a new Jeep or Dodge with us, we want to continue to keep you up to date on what you can do to have the best peace of mind around. Today we are interested in sharing with you more information on Vehicle Gap Insurance. We're sure that you know plenty about warranties and car insurance, but have you ever been curious as to the other ways that you can be covered if a big issue comes around? All you have to do is read below as we dig deeper into Vehicle Gap Insurance, and how it can help you out!
What is Gap Insurance?
Before we begin to explain the benefits of Gap Insurance, and what it can do for you and your vehicle, we believe you'll probably just want an explanation as to what Gap Insurance even is in the first place. Gap, otherwise known as Guaranteed Auto Protection, is the kind of insurance that focuses on the amount that you owe on the vehicle you are driving versus the actual cash value of the vehicle itself. An example of this could be you owing more than the vehicle is currently worth with its cash value, just because of the specific kind of payments you have been making. You don't want to lose out on any money, so Gap Insurance is utilized to make sure that you are not losing money should you ever get into a major accident that could result in your car being totaled.
Why would I want Gap Insurance?
As we have already touched on briefly in explaining what Gap Insurance is, there are many different reasons why you could consider this option for your life. The biggest reason always comes down to money. Anyone who owes more on their vehicle than the vehicle is currently worth will want to make sure that they are completely covered from owing more money than they will want to pay if the vehicle ends up becoming a total loss. An example of this could be owing $23,000 on a vehicle that is currently insured to about $18,000. There is $5,000 there that no one wants to have to pay, and that's where Gap Insurance can help you out!
Can you tell me about the coverage summary?
When you get this insurance through Mopar, you are going to get all of the coverage that will always provide you with peace of mind. The first major aspect of this coverage is that it can waive up to $50,000 of the "gap" that can happen due to a total loss occurring. You will also be covered for your insurance deductible up to $1,000. Any vehicle that is valued to as much as $120,000 can get this Gap Insurance. You'll also be covered for up to 150% of the vehicle's MSRP value. The finance agreement ranges to as much as 84 months.
Buy a New Jeep at Glass Capital Motors
Are you ready to get a new vehicle, and the kind of coverage that you can always rely on? When you choose Glass Capital Motors, you get a reliable dealership that is always looking out for you. From the initial start of purchasing a vehicle, to continuing to offer you guidance, there is no better dealership in the area. You deserve the best of the best, and you'll get that when you choose us!
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