If you have an insured car that gets totaled during an accident, your insurance company might give you a settlement that is based on what the car’s actual value is. Cars depreciate quickly, and your settlement might not cover what you owe on your loan or lease.
We break down what gap insurance is & what you need to know when in a dealer’s office: https://t.co/Ct6pOeabvo
— Edmunds (@edmunds) February 2, 2017