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If you accidently burn your car up due to cigarette falling on floor will your insurance and GAP cover your entire loan? |
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Answer
Yes.This is how it works.....Your insurance will cover up to the retail value of the car which may be a whole lot less than the loan amount left.The difference between the retail value and the loan is what the gap covers, so you'll be set.
First answer by ID1186265130. Last edit by ID1186265130. Question popularity: 27 [recommend question]
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