Gap Insurance

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PostPosted: Sat Jul 08, 2006 6:12 am   Post subject: Gap Insurance  

Gap Insurance

An automobile insurance option, available in some states, that covers the difference between a car's actual cash value when it is stolen or wrecked and the amount the consumer owes the leasing or finance company. Mainly used for leased cars.
lakemen
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lakemen
Joined: 18 May 2005
Posts: 1279


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