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In many instances, this insurance will also pay the deductible on the primary insurance policy. These policies are often offered at auto dealerships as a comparatively low cost add on to the car loan that provides coverage for the duration of the loan. GAP Insurance does not always pay off the full loan value however. These cases include but are not limited to:In addition, some vendors and insurance companies offer what is called "Total Loss Coverage. " This is similar to ordinary GAP insurance but differs in that instead of paying off the negative equity on a vehicle that is a total loss, the policy provides a certain amount, usually up to $5000, toward the purchase or lease of a new vehicle. Thus, to some extent the distinction makes no difference, i.
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A. Insurance can protect your investment from top to bottom. Motorcycle Insurance Like to have fun?We offer insurance for motorcycles, ATVs, and more!Boat Insurance We offer a variety of discounts that can save you money on your premium. Homeowners Insurance Low rates for home owners, regardless of the property location. Commercial Auto Insurance Commercial auto insurance customized to your exact business needs. Renters Insurance Your landlord’s insurance only covers the building, not your belongings. Got Toys?L. A. Insurance has you covered. Motorcycle Insurance: Choosing the right insurance policy is much like choosing the right bike. You want it to fit your needs and lifestyle, but at the same time be within your budget.