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Auto Loan Gap Coverage
Auto Loan Gap Coverage My 21 year old son bought a new car for around $33k in May. He put $5k down when he bought it. To be safe, I had him add loan gap coverage to our insurance policy. As I’m looking at our upcoming renewal, I realized he probably doesn’t need it. He barely uses the vehicle because he drives a company truck, so it’ll have low mileage and maintain it...
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