When you have the right insurance, you are protected when a disaster occurs. If you recently purchased a new car, the right insurance to cover you and prevent a significant financial burden is GAP insurance.

While your insurance will only pay for what your car is worth, GAP insurance will pay you the difference between what is left on your car loan and what your car is valued at. Without GAP insurance, you can be left with a car loan on a car that has been totaled and you no longer own.

When you are ready to purchase a new car, it's time to talk about your financing and insurance options with us here at Jim Schmidt Ford. Come to showroom today to learn more about how GAP insurance will benefit you. We will answer any of your questions and make sure you know all your options so you're always covered.

Categories: Finance