Gap insurance and why we need it
It is something every car owner know, the moment that new car is driven out of the dealer lot. It loses value immediately because it is now considered a used car.
The reason why it becomes a pre-own automobile because it is now register to that person and if that person bring it back in. The next person buys it, it is now a pre-own vehicle.
So what does that mean for your auto insurance coverage, generally you’re auto insurance covers toward the actual cash value of your car and not how much the bank loan you the money to buy your car. Read more ›

