Offered through the American Assurance Corporation, the Guaranteed Auto Protection (GAP) program will cover the difference between the outstanding loan balance at the time of the loss and the current ...
Guaranteed Auto Protection insurance typically is purchased for a one-time premium when you buy your vehicle, or it may be rolled into the amount of your loan. It will cost you anywhere from $100 to 4 ...
Michael Evans writes about insurance and other finance topics for Investopedia. An insurance industry veteran, he has covered personal finance for more than 20 years for publications including ...
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