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Did you know when you drive your new car off the dealer’s lot your car has most likely lost 20% of its value?

The Gap is the difference between the actual cash value of your car and what you still owe on your loan. If your car is stolen or declared totaled, your auto insurance company will pay you the actual cash value of the car. Without Gap Insurance your lender will hold you responsible for paying the Gap. This will mean you having to come up with hundreds, even thousands of dollars to pay that debt.

Gap Insurance will pay the difference and eliminate the possibility of your credit history being affected.

Gap Insurance is available in all states except:
CT, LA, NY, VA, and WA

Gap Insurance is available on new, used and refinanced cars, trucks and SUV’s purchased or refinanced within the past 12 months.

 
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*Texas gap premium rates vary by loan term and amount financed. If you have questions please call 800-533-9469.
     
     

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Gap Insurance
   
1. Did you put less than a 20% down payment on your new vehicle?
   
2. Did you roll the balance from your old car to the loan on your new car?
   
If you answered, "yes" to either question, you need Gap insurance.
   
 
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For more information on Gap Insurance we invite you to watch a 3-minute newscast video clip on our partners website. Windows Media Player is required.