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How do you get your gap insurance refund?

Updated: 9/11/2023
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16y ago

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Call the dealership where the gap was purchased.They can advise you. If they are self insured they should have the forms there.

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16y ago
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Q: How do you get your gap insurance refund?
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Related questions

How do you calculate your refund on 600.00 gap insurance if you paid your 6yr long off in 2 years?

Depending on how you purchased the gap insurance. If it was included in the financing + gap = monthly payment then any refund due would go to the finance company. If you purchased the gap insurance independantly from the finance company then you must contact the provider of the gap insurance directly for any type of refund.


If you get a loan from a credit union and they put gap insurance in it can you get a refund?

It depends. If you paid it all upfront in cash for the life of the loan and you trade the car in early you might be entitled to a small refund. If the gap insurance is included in the car payment then no. There is no refund at that time, because you are paying only for what you use.


Can you request reimbursement of unearned premium on a GAP insurance on your car one year after expiration because you forgot you had that coverage?

i recently traded in two cars with gap threw dealership can i get refund o unused gap


Refund gap how long does it take?

30 days


What if GAP insurance was not offered Can I sue the dealership?

No the dealership can not be sued if they did not offer GAP insurance. The dealership is not required to offer GAP insurance.


What if your car repossessed with gap insurance?

The gap insurance is part of your auto loan so I am not sure what your question is. Gap insurance covers your car if you total it and the fair market value for your car is below what you owe. If your car gets reposessed, you still owe the lender. Actually, the cost of the gap insurance is rolled into the loan - it's not part of the loan. If you can find your original paperwork from when you bought your car, find the information on the company that issued the gap insurance policy, and then call them and tell them you no longer own the car, and see if you can get a partial refund on the premium! Can't hurt to try, right? I do vehicle refinances, and our auto loan contract includes the gap insurance (although we call it something else) for free, so I have helped several people cancel their gap coverage, although we usually do it pretty early in the loan. Same with credit disability insurance, if you have it.


How do you find out If you have gap insurance?

By looking at any GAP Insurance Policy you purchased and looking at the dates to see if it is in effect. If you bought GAP Insurance, you would have been given a copy of the bogus GAP insurance Policy.


How do you contact gap insurance?

Gap insurance is not the name of a company, it is a type of auto insurance related to leasing vehicles.


What does Gap insurance use for in Illinois?

What is Illinois gap car insurance? Is insurance you can purchase to cover the gap between the cost of repaying your car loan and the amount the insurance company will actually give you for your totaled car.


Where is the best Gap insurance located at?

What insurance you go with is entirely up to you; insurance is all about personal preference. Gap insurance has some lower rates than other companies; make sure you can get Gap insurance in your area by checking their website.


If you cancel your home insurance which was fully paid do you get a refund on the remaining months?

Most insurance companies will refund any remaining policy time. It will be prorated. If your mortgage company paid it out of escrow funds, the refund may get sent to them.


If you total your car after your insurance is canceled will GAP insurance still protect you?

NO,, GAP Insurance is supposed to pay the difference between what your Auto Policy paid and any remaining portion of your loss after the Auto Insurance Policy has paid it's maximum. If No Auto Insurance Policy is in Place providing comprehensive and collision coverage then your GAP Policy is Null and Void. GAP coverage only pays in conjunction with your Auto Insurance Policy. No Auto Insurance! No Gap Payment