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If you accidentally burn your car up due to cigarette falling on floor will your insurance and GAP cover your entire loan?
Wiki User
∙ 8y ago
Yes.This is how it works.....Your insurance will cover up to the retail value of the car which may be a whole lot less than the loan amount left.The difference between the retail value and the loan is what the gap covers, so you'll be set.
Wiki User
∙ 8y ago
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