Explaining gap insurance

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5 On Your Side Investigator Jonathan Walsh explains why gap insurance — insurance that cover the gap when you owe more than the Blue Book value of the car — may be a good thing to have.
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Not cash value of the car. Better saying the value u own the lender at that time the car is totaled. GAP is the value u own the lender and the value of the car in the current market by ur insurance. The diference between that will be the GAP.

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