No the dealership can not be sued if they did not offer GAP insurance. The dealership is not required to offer 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.
Gap insurance is not the name of a company, it is a type of auto insurance related to leasing vehicles.
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.
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.
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
Yes, auto gap insurance is necessary in Anchorage, AK
Andrew House is the chief executive officer of Gap Year Insurance. Gap Year Insurance has steadily seen an increase of 61% in claims in the past six months.
Yes, there are several companies from whom you can buy gap insurance; some exclusively deal with gap insurance. You may pl try these links- www.carinsurance.com/; http://www.national-gap-insurance.com/; http://www.gapinsurancequotes.com/ , to name a few.
Yes, you have taken a smart and wise step. When your car will be totalled by the insurance company, than the balance amount of the loan which you will have to pay will be paid by the gap insurance. This is the purpose of gap insurance. Gap insurance pays for the difference in the insurance settlement and the loan amount when there is an accident or a misfortunate event that leads to a claim like theft of the vehicle. The purpose of insurance is to save a person from financial problems.
In New York state it is necessary to have gap auto insurance. It is the seller's legal responsibility to include gap auto insurance in the cost of leasing the vehicle.
According to various sources State Farm doesn't offer gap insurance. Gap insurance is usually offered through the dealership when you purchase your car.