What Does Gap Insurance Cover

car finance paperwork


North Las Vegas drivers should consider their financing and insurance options before they purchase a new car from Findlay Acura. Gap insurance is one of the most common insurances any driver in the Henderson can choose from. Well, what does Gap insurance cover? What does Gap insurance do? Read on below to find the answer to these important questions!

What Does Gap Insurance Do?

What does Gap insurance do? This insurance covers the gap cost between the total amount you owe on your vehicle and its real cash value once an accident occurs. Mesquite drivers should note that Gap insurance covers many costs such as damage on your vehicle but not bodily injuries or property damage. Here’s what Gap insurance covers:

  • What does Gap Insurance cover?:
    • Vandalism
    • Accident
    • Fire
    • Acts of nature (tornado, hurricane, flood, etc.)
    • Theft
  • What does Gap Insurance NOT cover?:
    • Deductible (some Gap insurance may allow this)
    • Mechanical repairs/malfunctions like engine failures and more
    • Extended warranties
    • Death

So, what does Gap Insurance cover? Ultimately, it is intended to cover the total loss when an accident occurs. This is completely optional! Speak with your insurance agent before you decide on a Gap insurance policy.

Is Gap Insurance Worth It?

While Gap insurance is not required, at Findlay Acura we highly recommend this policy when you purchase a new car. You can never have too much coverage when it comes to your new vehicle, the right kind of coverage is what matters. Our finance center can walk you through warranty coverages including deductibles, insurance options, and more. Gap insurance can save you money when the unexpected happens! Before you decide to finance your vehicle, be sure to ask us about the difference between financing vs. leasing.

Learn More About Finance and Insurance Options with Findlay Acura!

As you shop around Las Vegas for a new car, SUV, or truck, insurance options like Gap and Liability insurance are important to consider. Now that you know the answer to, “What does Gap insurance do?” You can confidently make a well-informed decision with your insurance agent about what is best for you. Contact us when you’re ready to take the next step in the finance process or to learn how to trade in a car and more!

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315 Auto Mall Dr • Henderson, NV 89014

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Findlay Acura 36.0505081, -115.0259321.