Passing Insurance 101 - What is Gap Coverage Vs. New Car Replacement

This week Jason explains the options new car owners have to ensure they do not end up upside down on a loan if their new car is totaled. There are 3 options: Gap coverage from your dealership, new car replacement policy with your insurance agency, or paying cash out of pocket.

[tnbren]

You still didn’t explain the difference.

[DavidKick]

Despite the title you didn't explain the difference between Gap and New Car replacement.