When you buy a new vehicle, you'll eventually get to a time when you owe more than it's actually worth. But in the event of an insurance settlement, insurance companies pay only what they estimate the value of your car to be, not the amount you might still owe.
This is where GAP-guaranteed auto protection-insurance steps in. It bridges the gap between the money you receive from your insurance company and the amount you still owe. What makes GAP coverage even better, though, is that it gets added to your auto loan. It only slightly increases your monthly payment so that you'll be covered but won't feel a significant difference in the cost to you every month.
When to Consider GAP Insurance
- Purchasing a New Vehicle
- Purchasing a Lightly Used Vehicle
- Purchasing an Expensive Vehicle
- Financing a Large Amount
If you're interested or want more information about GAP coverage at Arrowhead Honda at 8380 W Bell Road, Peoria, AZ 85382 or give us a call today. We look forward to serving customers from Phoenix, Glendale and Sun City.