First Automotive Gap Insurance. This type of policy works by paying a determined percentage. A gap policy would pay the difference between what your standard auto insurance policy covers and what is still owed on your vehicle’s loan.
Meaning of auto gap insurance additional automobile coverage, also known as guaranteed auto protection or guaranteed asset protection, covers you when your car is. Automobile gap insurance provides financial peace of mind during the first couple years you own your new car. If your loan term is longer than 60 months and you can’t provide a down payment of 20% or more.
To give you an idea of first automotive warranty costs, we researched what other customers have paid.
Contact us for more informatios We put you first not the insurance company, first insured specializes in auto dealers, small business, commercial property and casualty, and affluent personal insurance needs. The carrier offers auto, home and life insurance. Classictrak gap, classic gap insurance company, classic gap.