Regular Contributor
remarc
Posts: 170
Registered: ‎03-05-2012
Re: Should I keep GAP insurance?
Gap insurance is designed so if your car gets stolen or its a write off from a accident & the insurance company doesn't pay u enough to cover the loan.
So question is : do u owe more than the car is worth? If u don't & it's significant then I would not keep the gap insurance.