After purchasing a new or used vehicle for your Denver commutes, you may be considering gap insurance to protect your purchase. This leads to the question, “how much is gap insurance?” Gap insurance price depends on whether you purchase it through your regular auto insurer or add it onto your auto loan. Learn more with Courtesy Acura, below!
As we noted above, the average cost of gap insurance will vary depending on who you purchase your coverage with. Here’s an overview of your options:
Purchasing gap insurance through your regular insurer for $20 per year is pretty affordable, but with the other options ranging in cost from $200 to as much as $700, you may be wondering if gap insurance is really worth it. Here are a few reasons why Aurora drivers might want to get the added coverage:
If you have any lingering questions about the average cost of gap insurance, feel free to contact us or get in touch with our finance professionals. We’re always happy to assist! We also encourage you to consult our car-buying tips for expert advice on topics like buying vs. leasing, leasing a car with bad credit and more.
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