So I looked up on my progressive app for a quote on getting gap insurance (well, it was the question asking if i wanted loan payoff.... and i selected it....i assume its the same as gap?) and I got a quote of extra $18.00 on my bill? Isn't that a bit much since I read people saying most insurance companies charge $2 or $3 extra for it? Or is this something I need to call them personally about?
Thats there way of saying gap lol but it varies i have seen people say that also but last time i had it through them it was between 7-9 bucks extra a month.
The coverage will vary depending on the vehicle. I pay $7 every six months for coverage on Ford Focus ST which has an MSRP of $31,000.
If you were quoted $18 that is probably for six months, so $3/month. Far cheaper than getting it from your dealer or lender.