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Wednesday, January 9, 2019

Gap Insurance for Your Honda Car



Here at Pacific Honda, we know that there are a lot of decisions involved when you're buying or leasing a new or pre-owned Honda car. Once you've found the perfect model, you even need to decide what kind of car insurance you need. One thing we get many questions about is gap insurance. What is it and how do you know if you need it?

Gap insurance isn't needed by everyone, but if you're one of the drivers who will benefit from it, you'll be grateful that it's there in the event of an accident. 

Essentially, this coverage is meant to cover a “gap” between what the car is worth and what you owe on the vehicle. This is designed to protect your lender's asset, but it can also give you extra peace of mind. If you total your car and the payout isn't enough, gap coverage can ensure that you won't owe money on a vehicle that you can't even drive.

So who needs gap insurance? If you're financing a new car, it's probably wise to opt for gap insurance. New cars can depreciate quickly, so totaling your car within the first few years of your loan might end up with you having to pay the difference to your lender. Gap insurance can cover you in this situation. 

Some lease agreements also require gap insurance, but even if your agreement doesn't it may still be a good idea to get it. Just keep in mind that many insurance companies will also require you to carry other types of coverage, like collision and comprehensive, if you're going for gap insurance.

No matter what kind of insurance coverage you need, know that you can find a reliable vehicle here at our Honda dealership. Our San Diego Honda dealers can answer any questions you may have about the latest models or the financing process. We look forward to assisting you!

2 comments:

  1. Hai semuanya, Nama saya Angga Annisa dan saya berbicara sebagai orang yang paling bahagia di seluruh dunia hari ini sebelum sekarang saya secara finansial dipukul tanpa harapan akan bantuan apa pun, tetapi ceritanya akan segera berubah ketika saya bertemu dengan Ibu. Saya sangat senang untuk mengatakan keluarga saya kembali untuk selamanya karena saya membutuhkan pinjaman sebesar Rp.700juta untuk memulai hidup saya di sekitar karena profesi saya karena saya seorang ibu tunggal dengan 3 anak dan seluruh dunia tampak seperti itu tergantung pada saya sampai Tuhan mengirim saya kepada sebuah perusahaan yang mengubah hidup saya dan keluarga saya, perusahaan yang takut akan Tuhan, ISKANDAR LENDERS, mereka adalah Juruselamat Tuhan yang dikirim untuk menyelamatkan keluarga saya dan pada awalnya saya pikir itu tidak akan mungkin sampai saya mendapat pinjaman sebesar Rp.700 juta dan saya akan menyarankan siapa pun yang benar-benar membutuhkan pinjaman untuk menghubungi Bunda Iskandar melalui email. [iskandalestari.kreditpersatuan@gmail.com] karena ini adalah pemberi pinjaman yang paling memahami dan baik

    Contact Details:

    e_mail Address:iskandalestari.kreditpersatuan@gmail.com>>>>
    WhatsApp:::+6282274045059
    Company::Iskandar Lenders"""""
    Loan Amount:::Rp.700juta
    Name:::::Angga Annisa
    Country::::Indonesia
    Occupation:Trader
    Year:April,2020

    Jumlah minimum>>>>>>Rp.100 juta
    Jumlah maksimum>>>>>Rp.100 miliar

    ReplyDelete
  2. I was just looking for this information for some time. After six hours of continuous Googleing, finally I got it in your website. I wonder what’s the lack of Google strategy that do not rank this type of informative sites in top of the list. Generally the top sites are full of garbage.
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    ReplyDelete