|
...
|
Contributed by mm | September 20, 2006 8:22 PM PST
Yes, gap insurance is probably a good idea if you have a brand new car.
From EZine:
Usually, gap car insurance is a good idea if you are about to purchase a new car and are concerned that you wouldn’t be able to cover the difference between the market value and the amount that would be cover by the C&C policy. Be aware that gap insurance is not available for older vehicles in most cases.
While you’re certainly not required to take out gap car insurance by your lender or the dealer, it can help you to rest easier in knowing you won’t be stuck owing thousands of dollars on a totaled car in the event that you suffer an accident or theft shortly after the purchase.
It is also important to understand that if you finance your car through the dealership you can usually take out gap car insurance at the time of the purchase; however, you’ll probably end up paying more for the policy than if you simply took it out with your regular auto insurance agent.
What do you think of this post? Be the first to share your opinions.
Enjoy the latest personal finance news and commentary at PFBlog Network.
|
How Much Car Insurance Do You Really Need? (September 20, 2006)
Edmunds provide some guideline on how to determine the amount of auto insurance cover you need. Call me risk-averse, but I have 100/500 liability coverage from my car insurance and another $1M from my umbrella insurance. It is better be careful.
Car Insurance ABC: What Is Gap Insurance? (September 20, 2006)
GAP insurance can provide valuable protection during the early years of your car's life if you have a loan or a lease. If a loss occurs, GAP insurance will pay the difference between the actual cash value of the vehicle and the current outstanding balance ...
|
Subscribe to our feed: 
Latest Posts ...
|
Others Channels of the Personal Finance Blogger's Network
• Financial Freedom Trek (33 posts): One generation debter's trek towards financial freedom. (RSS Feed)
• Nathan's Financial Mindset (26 posts): My day by day activities to save for most foreseeable events in the future, retire early, and retire rich. (RSS Feed)
• Prospect (34 posts): Personal finance for today and tomorrow. (RSS Feed)
• Mrs. Money Matters (23 posts): Money matters from a wife, mother, employee, and entreprenuer. (RSS Feed)
• North of 49 (44 posts): Fiscal tips, tricks, rants and raves from North of 49. (RSS Feed)
• The Money Garden (38 posts): Patiently cultivating wealth in pursuit of financial abundance. (RSS Feed)
• Stumbling to Financial Freedom (11 posts): Going from debt to incredible riches in one million easy steps. (RSS Feed)
• Fidelity Observer (98 posts): Tips, observations, and information relating to Fidelity Investments and other personal finance issues. (RSS Feed)
• Finance: Meet the Master (1 posts): Discuss finance related queries and stock market with the master. (RSS Feed)
• Personal Finance Caf (9 posts): A forum to discuss personal finance issues including taxes, home ownership, insurance, budgeting, and investing. (RSS Feed)
• Coach Coin (55 posts): Simple Tips & Analysis from a Personal Finance & Success Coach. (RSS Feed)
|
Featured Sites
• payday loans - Payday Loans No Credit Check can offer you with reasonably-priced loans for you financial requirement.We deals in Payday UK, Payday Loans Australia , payday Loans Canada.
• Protected.co.uk compare over 300 life insurance plans to find the best deal from their providers.
• Search 300 life insurance plans from 12 leading providers.
• Bad Credit Auto Loans are loans for people who have a poor credit history and cannot qualify for an auto loan. If you are able to secure a bad credit auto loan, you should consider it to be a second chance to improve your credit rating by making all auto loan payments on time.
• Car Finance - The Uk's leading online car finance company. Buy any car from any UK dealership. Bad credit not a problem.
• SecuredLoansCentre.co.uk - 3 easy steps to compare over 200 secured loan plans for UK home owners in minutes
• Find a fast personal loan in the UK. Even if you have a bad credit history, arrears or CCJ's, Loansite's top lenders can help you compare loans and find a low APR secured loan, homeowner loan or tenant loan with fast approval in principle.
• Legal Helpers experienced bankruptcy lawyers can help you out of debt. Take advantage of our Free debt consultation. Our bankruptcy lawyers will help you understand your best option to eliminate your debt. Ask about our 100% guarantee.
• Student Loan Consolidation - Need assistance with Student Loan Consolidation? Have a personal education finance advisor assist you with rates as low as 4.5%. -Quick, Easy Online Application w/E-sign!
• Cheap Car Insurance - Provides Cheap Car insurance. Receive an instant quote online
• Womens Car Insurance - Specialises in cheap car insurance for women
• Have a Personal Bankruptcy Lawyer assist with filing bankruptcy for a chapter 13 or chapter 7 bankruptcy case. Free bankruptcy evaluation tool.
• secured loans - Any purpose low Cost secured Loans.
• The Internet's most trusted credit card resource directory.
• Frigidaire Parts
• Fleet Dealer - Ford Fleet trucks and vans, cargo vans, cutaway vans, LCFs, work trucks, commercial trucks, ambulances, tow trucks, police squad vehicles, and other commercial vehicles like box vans, delivery vans, box trucks and dump trucks.
• Bad Credit Auto Loans - Auto loans bad credit, bad credit auto loans, guaranteed credit approval, auto financing, credit lenders, car credit, automobile lenders, bad credit auto loans seattle, auto loans bad credit seattle.
• Ford Dealer - One of the World's largest Ford Dealerships. Over 3,000 cars and trucks to choose from. Mega Volume Dealer. $1,000 price guarantee. Large Special Finance Store. Ford Dealer Seattle. Mustang, Edge, Explorer, F150, f250, fleet, build your own Ford.
• Auto Loans Bad Credit - Bad Credit Auto Loans, auto loans bad credit, guaranteed credit approval, car credit car loans, automobile financing, credit lenders, bad credit auto loans seattle, auto loans bad credit seattle. (Home | Apply | Inventory | Credit Help | Contact Us)
• PayDay Loans
• moneyeverything.com - Find the right credit card to suit you with our guide to the right card in the UK
• airaid.co.uk - Looking for credit cards in the UK? Find the right credit card to suit you with our guide to choosing the right card in the UK
• Bad Credit Loans - find out some tips about improving your credit score and choosing the best bad credit lender.
• Consolidate debt with Bad Credit Personal Loans online or Personal Loans, consolidate Bad Credit Personal Loans or apply for Credit Cards including 0% deals.
• You may also want to look at UK Bank Accounts and get a Credit Report before comparing UK Credit Cards or finding out about UK Mortgages to refinance or move house.
• We provide personal loans for debt consolidation, home improvement, bad credit loans at cheap rates in the UK.
• If you are buying a car you may want to search for UK Car Insurance to get a car insurance quote online.
• Accepted.co.uk compare over 100 secured loans to find the best deal from their lenders.
• Accepted.co.uk compare over 100 secured loans to find the best deal from their lenders.
• Sending money to family and friends has never been easy. Use iKobo, secure way to send money worldwide
• Payday loan tips at paydayloanreport.net helps you to defeat cash-checking and payday loan traps.
• MM Money is an interesting money blogthat covers many aspects of personal financial matters.
• This insurance weblog covers all major types of insurance, including health, life and car insurance
• Bestcardguide.com offers independent review of best credit cards
• Real Bankruptcy offers excellent tips of bankruptcy and how to avoid them
• Small Business Loans
• Credit Card Debt Relief
• Online Credit Card Processing
• Stock Investments
• online casino - reviews of goldenpalace, casino-on-net, and more. onlinecasinobluebook.com review guide.
• Student Loan Consolidation - the student loan solutions provides students and their families with information and resources to help students get out of default and better manage their student debt.
• Bad Credit Auto Loans - washington state's bad credit auto financing leader.
• Home Loan - getsmart is a leading online financial marketplace, focused on smart consumers in a hurry.
• Credit Cards - the best deals on uk credit cards compared, regularly updated
• IRS Tax Lien - when you need help with your tax problems, call citizens tax relief.
• bankruptcy - bankruptcy lawyers from around the country providing assistance with chapter 7, chapter 13, and debt issues
• Credit Repair - repair my credit now credit services offers credit repair, restoration and education through our exclusive "v" phase process ™
•
Want to See Your Ads Here? Claim Your Ad Space at Personal Finance Weblog by Writing to Webmaster. Starting at $39/month, see your text ads in thousands of indexed pages at PFBlog, the Best Personal Finance Blog. Full Rate Card Available Here.
|
