Where can I get gap insurance?
I'd like to get gap insurance, but I don't know who or where to get it from. Is there a specific company I have to buy from? What are my options?
“Several options are available if you’d like to get gap insurance.
If you are currently purchasing a vehicle, see if your car dealer or lender offers it. Typically the cost would be rolled directly into your loan, but you can also pay up front. Typical costs range from $300 to $500 and it’s a flat fee.
You may also be able to find gap insurance with a car insurance company. Many companies offer some form of gap insurance at a lower cost than what a dealer or lender may offer, usually around $20 to $40 per year or a few dollars a month.
To see what your options are, shop around. Download the Jerry app to compare rates from over 50 top insurance companies.”
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