the big problem with Gap Insurance !
If you buy gap insurance on a new RV you are acknowledging right from the purchase that you owe more than it is worth ! Why would you buy and finance something that has less worth the instant that yo...
Forum Discussion
BadgerMcAdams wrote:
...We owned a Dodge Intrepid. Wife was hit...Insurance totaled the car.
Their insurance called and said...she had the minimum coverage, all you are getting is $10,000. Sorry about that."
Luckily, our insurance said to take the $10,000 and they would cover the $3,000+...
What you described is uninsured/underinsured insurance, not gap insurance.
I choose to have a very large amount of uninsured/underinsured insurance due to all the irresponsible people in the world.
