I had several customers let me know on one day recently that they are very excited RoadLoans?offers GAP coverage.
One customer told me a story about when she\’d a collision and totaled her vehicle.?She mentioned they was stressed out enough being forced to call attorneys, go to the doctor, address the insurance companies and whatever else . that comes with having a bad accident.
But when she learned that the insurance company was only paying off a part of what she owed loan, she was completely crushed. Would you imagine still owing a lot of money on a vehicle that you don\’t have even??She learned from her mistake hard way.?She said she\’ll never purchase a vehicle without GAP coverage again.
We also spoke to another one customer, who shared that he would never buy another vehicle without GAP coverage. Why??Joan, the buyer, told us she was in an accident recently in which her car was totaled. Joan didn\’t have a car and still owed $5,000 to the vehicle.
The good news is Joan had GAP coverage.?She can pay off the difference owed and have another vehicle right away because she\’d GAP.
GAP stands for Guaranteed Asset Protection.?Once you have a total loss, the insurance company only pays monatary amount of the vehicle. Most people are upside down in their vehicles as soon as they drive off the lot.?If you have GAP coverage, it\’s smart the difference between what you owe and just what the insurance company pays.
RoadLoans?offers GAP coverage, and usually cheaper than what the dealer will offer you for it. The GAP is just included with the monthly payment and it\’s usually fewer than $15 a month.
I tell my customers it is definitely worth adding GAP as it is a great product that gives you relief so you don\’t add to the stress of any total loss.
Visit RoadLoans?today to get the new vehicle and add GAP.
By Jace Wegge