As it stated in Car dealers can’t sell you GAP insurance on the same day they sell you a car.
The ‘GAP’ in GAP insurance means Guaranteed Asset Protection.
In this scenario, you may want to buy GAP insurance for the second and third years of ownership.
It is true that many new car insurance policies will replace a brand new car if it’s written off in the first year, so it’s always best to check with your insurer before taking out GAP insurance.
If yours doesn’t, you can graft this basic finance GAP cover onto it.
as declared in Blame it on your phoneKnow why Louisiana car insurance rates might be skyrocketing?
Know why auto insurance rates might be skyrocketing?
Car dealers can’t sell you GAP insurance on the same day they sell you a car. it’s always best to check with your insurer before taking out GAP insurance.
Blame it on your phoneKnow why auto insurance rates might be skyrocketing?
Blame it on your phone
as declared in Nonlife insurers have successively introduced insurance policies targeting young car owners, lowering premiums for those taking out auto insurance for the first time.
The insurer also introduced a temporary car insurance product, targeting young drivers who do now own a car but occasionally drive a rental car or their friend’s car.
TOKYO —Casualty insurance companies are promoting auto insurance policies affordable for young people in an effort to encourage them to buy cars.
Aioi Nissay Dowa Insurance Co has introduced a new car insurance product targeting young drivers, offering only the least necessary coverage with lower premiums.
Sompo Japan Nipponkoa Insurance Inc has widened premium discounts on collision coverage under its mainstay car insurance product for those purchasing the insurance for the first time with a brand new car.
collected by :Olivia Mathio