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What is gap insurance on a car? Cincinnati drivers are sometimes offered unneeded services or coverage when buying a new vehicle, making some ask, “is gap insurance worth it?” Gap insurance is coverage you might want to consider right after purchasing a new car. Once you find your next new car in Xenia, learn the answer to “what is gap protection” with the finance team at Alfa Romeo of Dayton. Then, check out our lease offers to save even more on your monthly payments!
What is gap protection? Gap, which stands for guaranteed asset protection, is insurance that covers the difference between the cash value of your new car and the amount still owed on it – should you get into a collision on Bellbrook roads. Gap insurance covers new vehicles financed with either a lease or a loan.
Is gap insurance worth it? Both Dayton drivers and experts agree that gap insurance is a smart investment. Learn the benefits of gap insurance and how it will protect you below:
So, is gap insurance worth it? It is! Have more questions about insurance coverage? Discover what comprehensive insurance covers. Contact us at Alfa Romeo of Dayton and our finance team can walk you through all your insurance coverage and financing options. Apply for financing and see if you’re pre-qualified today! Also be sure to learn more about liability insurance with our team today.