Imagine driving your brand-new car off the lot, only to have it totaled weeks later. Standard insurance won’t cover what you owe. Fortunately, gap insurance acts as a safety net. Serving Denver, CO, and the surrounding areas, AFI Insurance offers comprehensive auto coverage that helps protect drivers from these unforeseen events.<\/p>\n
Gap insurance covers the difference between your car’s current value and what you still owe on your loan or lease. For example, if your vehicle is worth $20,000 but you owe $25,000, gap insurance covers the $5,000 “gap” after a total loss.<\/p>\n
Gap insurance can be a smart investment if you made a small down payment, leased your vehicle, or have a long-term loan. It’s also recommended if your vehicle depreciates quickly or you rack up high mileage.<\/p>\n
You may not need gap insurance if your vehicle is paid off or nearly paid off. It also may not be necessary if you made a sizeable down payment, have a short-term loan, or bought a used car that holds its value well. In these cases, the risk of a financial gap is low.<\/p>\n
Gap insurance offers assurance if your car is stolen or totaled, ensuring that you’re not stuck with loan payments on a vehicle you no longer have. It helps protect your credit and finances, and because of the coverage it provides, it can be very affordable when bundled with your auto policy.<\/p>\n
Gap insurance can be a financial lifesaver by preventing major debt after a catastrophe. To learn more or to discuss your coverage needs, contact us today at 303-433-8888.<\/p>\n","protected":false},"excerpt":{"rendered":"
Imagine driving your brand-new car off the lot, only to have it totaled weeks later. Standard insurance won’t cover what you owe. Fortunately, gap insurance acts as a safety net. Serving Denver, CO, and the surrounding areas, AFI Insurance offers comprehensive auto coverage that helps protect drivers from these unforeseen events. What Is Gap Insurance? […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[39,6,17,53],"class_list":["post-636","post","type-post","status-publish","format-standard","hentry","category-auto-insurance","tag-afi-insurance","tag-co","tag-denver","tag-gap-insurance"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.afinc.net\/blog\/wp-json\/wp\/v2\/posts\/636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.afinc.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.afinc.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.afinc.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.afinc.net\/blog\/wp-json\/wp\/v2\/comments?post=636"}],"version-history":[{"count":1,"href":"https:\/\/www.afinc.net\/blog\/wp-json\/wp\/v2\/posts\/636\/revisions"}],"predecessor-version":[{"id":637,"href":"https:\/\/www.afinc.net\/blog\/wp-json\/wp\/v2\/posts\/636\/revisions\/637"}],"wp:attachment":[{"href":"https:\/\/www.afinc.net\/blog\/wp-json\/wp\/v2\/media?parent=636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.afinc.net\/blog\/wp-json\/wp\/v2\/categories?post=636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.afinc.net\/blog\/wp-json\/wp\/v2\/tags?post=636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}