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Quote-a-Day Gifts
Insurance facts, terms, people, websites, history, and events in a calendar. Each day of the calendar year contains an interesting reference devoted to the Insurance industry.  Practical, informative and entertaining.

Insurance

November 24, 2017
PrintedOwl.com
Gap insurance makes sense when leasing or financing a vehicle. Gap insurance covers the difference between what your insurance company pays if your car is stolen or wrecked and what you still owe on a loan or lease. For instance, after an accident, the insurance company values your $25,000 vehicle at $20,000, leaving you liable for the $5,000 balance. Gap insurance will cover this difference.
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