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Gap Insurance

Open Today! Sales: 9am-8pm
Call us at: (574) 522-2000

Gap Insurance From Honda


Bridge the Gap!

Gap coverage exists to protect 2 specific types of drivers against the costs of a total loss: those who are financing, and those who are leasing. If you own your car free and clear, or owe less on your loan than the car is worth, you don’t need gap insurance.

In other words the gap is the difference between a car’s actual cash value and how much a driver owes on it. A car becomes “used,” and begins to depreciate, the moment you drive it out of the dealership.

For many, owing more than the value of your car is simply a fact of car ownership. But for those who experience a total loss such as, a stolen or wrecked vehicle owing more on your loan than your car is worth is an issue for many. This is because if your vehicle is determined a total loss when more is owed on the vehicle than the total value your insurance company won’t pay off your loan in full. However, usually the insurance company will pay the vehicles ACV (Actual Cash Value).

Gap insurance can be vital for people who are financing or leasing a vehicle and owe more than the car is worth.

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Gurley Leep Honda is located at: 2345 Cassopolis • Elkhart, IN 46514
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(574) 522-2000

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2345 Cassopolis • Elkhart, IN 46514

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Today's Hours:

Open Today! Sales: 9am-8pm

Open Today! Service: 7:30am-6pm

Open Today! Parts: 7am-6pm

Gurley Leep Honda

2345 Cassopolis Elkhart, IN

Phone: (574) 522-2000

http://maps.google.com/?q=2345%20Cassopolis%2C%20Elkhart%2C%20IN%2046514

Parts

Phone: (574) 522-2656

2345 Cassopolis Elkhart, IN

Sales

Phone: (574) 522-2000

2345 Cassopolis Elkhart, IN

Service

Phone: (574) 522-4475

2345 Cassopolis Elkhart, IN
41.745199 -85.974469
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Gurley Leep Honda
Gurley Leep Honda
2345 Cassopolis
Elkhart, IN, 46514 US
(574) 522-2000
https://di-uploads-development.dealerinspire.com/gurleyhonda/uploads/2018/11/GurleyLeepHondaOGImage.png
Gurley Leep Honda 41.745199, -85.974469.