Picture this: You’re about to buy a new car. You’ve done all your research, found the car you want, got your insurance, and have finally closed the deal here at Elgin Hyundai! Now, you get your new car and drive it away to show it to all your family and friends. You couldn’t be happier!
But a few days later, you get into an accident and your car is completely totaled. Your excitement from having just bought the car completely disappears and what’s worse is that you find out that your insurance won’t even fully reimburse you for the car!
Why? This is because once you’ve bought the car, it’s immediately worth less than its purchase price, and insurance will only pay for up to the car’s present value. Only GAP Insurance can fill this “gap” and ensure that an accident won’t leave you still owing money on a car that has been destroyed.
If you're interested to learn more about GAP insurance, then our experienced staff members are the local resource to trust. Plan your visit to learn more at 1200 E Chicago St and we'll help guide you in the right direction!
