GAP insurance...

[BBV S2K]

how that shit works? I paid 500$ extra for that crap when iI bought my ricer and all i know if that it has...

100$ deductible

36,000 miles or 1 year after the purchase it will expire

guys explained everything but i forgot... my mind was on wut mods my car was about to have first... FAIL...

anyone knows?

currently im having problems with my transmission and my top got ripped of by some asshole... I would like to fix that...


Edit: EVERYONE WAS RIGHT... GAP IS FOR ACCIDENT AND VALUE... I FOUND MY MECHANICAL INSURANCE

THANK YOU

[crzycivic93]

Google it... But I believe it has to do with getting into an accident, possibly if the car is totaled, they cover the difference from wat its worth to wat u paid... dont quote me, but I think its somethin along those lines............

[BBV S2K]

Google it... But I believe it has to do with getting into an accident, possibly if the car is totaled, they cover the difference from wat its worth to wat u paid... dont quote me, but I think its somethin along those lines............

google sucks...

my mom had it on her Van.. her alternator got fkd up she paid 100$ and they bought the part and put it in.. including towing...

she just paid the first 100$ and the gap sht paid the rest...

[CTgoldhatch]

gap coverage is for when you have a car you owe money on if something happend to it the insurence will pay off what you owe on the car.

if you were to totale a car you owe say 30k on and they only pay you 25k for the damage you would be left payin 5k still on the loan so the gap would cover then 5k and you would walk away no owein any more. on the loan

[CTgoldhatch]

http://cars.about.com/od/buyingadvice/a/gap_insurance.htm

[crzycivic93]

^^^^ I knew I was on the right track.

[BBV S2K]

gap coverage is for when you have a car you owe money on if something happend to it the insurence will pay off what you owe on the car.

if you were to totale a car you owe say 30k on and they only pay you 25k for the damage you would be left payin 5k still on the loan so the gap would cover then 5k and you would walk away no owein any more. on the loan

then explain this...

google sucks...

my mom had it on her Van.. her alternator got fkd up she paid 100$ and they bought the part and put it in.. including towing...

she just paid the first 100$ and the gap sht paid the rest...

^^ that and the guy on the dealer told me something like that too... about mechanical problems

[crzycivic93]

U sure she didnt have a warranty or extended warranty, cuz that's wat that sounds like.

[BBV S2K]

U sure she didnt have a warranty or extended warranty, cuz that's wat that sounds like.

nah she was the one who told me to get that GAP crap.. bcuz that thing covered lots of things on her van...

[crzycivic93]

Call them on Monday. That's the only way to actually find out

[BBV S2K]

Call them on Monday. That's the only way to actually find out

yes in top of that.. imma go to the dealer they towed my moms van and fixed it... my car is grinding gears and sometimes it wont get 1st.. I have to do some sht for it to grab first..

[crzycivic93]

tranny is shot.

[5H4WN V42]

Gap insurance pays for the difference in the case where a car is worth less than what is owed on it.
An extended warranty or service contract covers repairs when the vehicle is out of warranty.

[BBV S2K]

everyone was right.. i was mixing Gap insurance with Extended Insurance... I have both.... any local dealers that I can get my car to look at/change/fix my transmission?