gap insurance

Can Americans Afford To Keep Their Car On The Road? 10 Most Expensive US States For Car Insurance In 2024

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Can Americans Afford To Keep Their Car On The Road? 10 Most Expensive US States For Car Insurance In 2024

Auto insurance premiums are rapidly increasing again, putting a significant financial strain on millions of Americans nationwide. A new report from Insurify, an insurance comparison platform, reveals that the average annual cost of full-coverage auto insurance in the United States skyrocketed to $2,329 in the first half of 2024. This represents a 15 percent increase … Read more

Woman Refuses GAP Insurance Because She Has ‘God On Her Side’: How To Know If You Need It And If It’s Worth It

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Woman Refuses GAP Insurance Because She Has ‘God On Her Side’: How To Know If You Need It And If It’s Worth It

When buying a new vehicle, one would think that getting a car insurance should be automatic – but not for one customer. In fact, when her friendly car salesman offered her complimentary insurance, the offer was declined unexpectedly. The customer rejected the free insurance, stating that God “will take care of it.” “So, sadly, in … Read more

Woman Is Paying $700 Monthly For A Tesla She Can’t Drive: ‘Go Get GAP Insurance!’

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Woman Is Paying 0 Monthly For A Tesla She Can’t Drive: ‘Go Get GAP Insurance!’

A woman who just purchased her first Tesla in June 2024 soon discovered a potential financial pitfall after realising she hadn’t purchased gap insurance for her priced electric car. This crucial coverage bridges the gap between a car’s depreciated value and the remaining loan in case an accident happens and a car gets totalled. Draya’s … Read more