Do I Need a GAP Coverage Plan? | Vestal NY | Serving Binghamton, Elmira & Ithaca

GAP Coverage

After you’ve bought a new vehicle, over time you probably will get to a point where you owe more than it's worth on the market. However, insurance companies only consider the market value of your car, not the actual amount you owe.

This is where Guaranteed Auto Protection (GAP) insurance comes into play. It bridges the gap between your insurance payout and how much you still owe. What makes this coverage even more valuable, though, is that it gets rolled into your auto loan, only slightly increasing each monthly payment so that you'll be covered without feeling a significant difference in the amount you’re paying.

When to Consider GAP Insurance

  • Purchasing a New Vehicle
  • Purchasing a Lightly Used Vehicle
  • Purchasing an Expensive Vehicle
  • Financing a Large Amount

If you want to learn more about GAP coverage in Vestal, NY, contact or visit us at Serafini Nissan at 3101 Vestal Parkway E, Vestal, NY 13850. We look forward to serving our customers from Binghamton, Elmira and Ithaca.