How To Cancel Gap Insurance

Before you learn how to cancel GAP insurance, it’s important to know whether it makes financial sense to do so. If you owe more on your car than it’s worth, if you are leasing your vehicle, or if you made a small down payment on your car, you may want to keep your GAP coverage. If you know it’s time to cancel your gap insurance, you’ll want to speak with your insurance company to make sure you do so properly.

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UPDATED: Jun 6, 2022

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