answersLogoWhite

0


Best Answer

doubt it, gap insurance (usually sold by the car dealer or lien holder) covers just that the 'gap' between the acv (actual cash value-which is what the insurance company less your deductible if there is one, for your total loss vehicle) and pay off of your loan

User Avatar

Wiki User

โˆ™ 2011-09-12 21:59:50
This answer is:
User Avatar
Study guides

Nutrition

22 cards

If you were laid off and apply for insurance coverage on your wife's group policy do you have to answer a medical questionnaire

How many grams of cholesterol should you eat each day to maintain a healthy diet

What would cause a fluttering inside the ear canal

Why is beef fat a solid at room temperature

โžก๏ธ
See all cards
4.75
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
4 Reviews

Add your answer:

Earn +20 pts
Q: If you have gap insurance through both the car company and insurance company will you the insured be entitled to one of the payments to purchase a new car?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Are payments made to an insurance company in return for coverage?

yes it is


Can you purchase auto insurance 1 month at a time?

You are going to have to put down a down payment and then you can finance the rest and pay in 9 or 10 monthly payments. It reall depends on the insurance company.


Where can you purchase home warranty insurance?

The most popular company to purchase home warranty insurance is American Home Shield. One can purchase home warranty insurance from this company, and a few others.


Do I need insurance for a Bus Rental ?

The company you are renting the bus from should have the insurance. You do not need to purchase insurance from a separate company.


Where can you purchase sickness insurance?

One can purchase sickness insurance from any major health insurance company. One can purchase this insurance from Aviva, Bupa, Aetna and Simply Health.


A contract frequently purchased from an insurance company by the consumer at retirement to provide continual income over a specified period of time is called?

Annuities are generally purchased through an insurance company. People who purchase annuities can receive payments in the future from their annuity.


Where can I purchase cruise insurance from?

You can purchase travel insurance from some banks. RBC offers travel insurance. Another credible company that specializes in this area is Allianz Global Risks US Insurance Company.


What is the meaning of variable annuities?

A Variable Annuity is an insurance contract in which at the end of the accumulation stage, the insurance company guarantees a minimum payment. The remaining income payments can vary depending on the performance of the managed portfolio.


If you have 2 points on your license for speeding in Ohio how much will Insurance increase your premium?

The increase in your insurance payments vary from company to company. Call your insurance agent, they can give you an estimate.


What is a life insurance policy dividend?

It's a payment made to the policy owner by the mutual insurance company when there is a profit. The policyholders are the owners of a mutual life insurance company and they share in the profits by receiving dividend payments from the insurance company.


What is called insurance?

Insurance refers to the reimbursement in case somebody suffers a loss. People usually make pre-payments to the insurance company.


Where can one purchase vacancy insurance?

There are many places one might go to purchase vacancy insurance. In addition to the local insurance company, one might also try the eSurance company online.

People also asked