In case that the car you are financing is stolen or is in an accident, it will be declared a total loss but, you will have to make payments on it still. If you had imagined that your car insurance would cover the money part and they would allow you to buy a different car, you will be shocked when it happens! This is where you can use GAP insurance that helps you cover the difference between what you owe on the car and its current value that will be determined by the company if there is ever total loss.
As you would do for all other insurance policies, you should shop around for the best coverage in the greater Riverhead, NY area. If you're eager to ask any question you might have about GAP insurance, you can talk to a sales representative here at Riverhead Ford to know if it is right for you. If you are ever in an accident or your car is stolen, you will be glad you had it planned.
Stop in and get started at 1419-23 Old Country Road today!