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Does GAP Insurance cover uninsured vehicles in a wreck?

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2015-07-15 21:25:43
2015-07-15 21:25:43

How can you have GAP insurance on an uninsured car? You have to have a basic policy to add this.

actually the terms of my GAP insurance stipulate coverage of a total loss even without primary coverage. that surprised me, but it states "if there is no primary insurance at the time of loss, actual cash value shall mean the retail value of the vehicle...". this raises some interesting issues about not carrying collision, but as GAP only covers the difference between book value and loan balance under the condition of a total, and in NJ at least, to have a car loan you must carry collision, the point seems rather moot. maybe other states don't require collision with a car loan [but I doubt it]...in any event, GAP wouldn't cover anything less than a total loss.

A little twist to your question.

What is the answer to the following question.

Does GAP Insurance cover insured vehicles (comprehensive) in a total wreck, when the claim is denied?

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There are many insurance companies which provide coverage on wrecked vehicles. Typically, these vehicles will need to be fully insurance. Liability insurance does not cover a wreck. Geico, Progressive, Allstate, and State Farm all have policies which cover a vehicle in case of a wreck.

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In auto insurance, 'uninsured insurance' refers to a type of coverage for accidents caused by a motorist without insurance or hit-and-run accidents in which the driver who caused the wreck cannot be identified. In other words, your insurance may cover the cost of damage to your car, medical expenses, and other expenses. http://www.superpages.com/supertips/what-is-uninsured-or-underinsured-motorist-coverage.html

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Both the uninsured driver and the friend are in trouble. My GUSS IS the uninsured friend will be liable to any damages he has caused The uninsured friend will be responsible for the damages to their car If insurance is required in your state, the uninsured friend and/or driver could face criminal charges

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It does cover your liability for property damage and medical expenses if you were at fault. If you have collision insurance, your vehicle will also be covered.


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