 I have a car loan and my bank is charging me more money for not having insurance? |
| I have a car loan from my bank and did not purshase insurance on my car for two years later on i found out my loan was ad up $3800 more when I call my bank they say that they had purchase a insurance ... |
|
 Is it moral to contribute to mom's life insurance? |
| Mom is in her mid 50's. She asked me to contribute money to her Life insurance so she can increase the amount her family would get in case of her death. Is it moral to do so?... |
|
 Why insurance agent do not market term insurance? |
| I am working in an IT company & agent comes to our company for marketing ULIPs. By reading various articals on ULIPs, I now understand the charges & I wonder how these agents hide the charge ... |
|
 I am 26 yrs old, single with no children, taking out a mortgage. What insurance do I need? |
| I am taking out a mortgage on my own for a flat. I have a full time job that is temporary for 3 more years but likely to continue beyond that. Apart from buildings and contents insurance, which other ... |
|
 What is Paternity Insurance? |
| Heard david lee roth had it and i was ... |
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 Life Insurance, any suggestion? |
I have a stable income now and i wanna to do a little investment to secure my life. i heard life insurance would be good for first step.
There are so many options out there, i have no idea ... |
|
 My fiance' recently passed away in a motorcycle accident,? |
| his motorcyle insurance cancelled a month before he passed he was at fault , and the other party insurance company sent me a letter stating that his estate must pay for the damages to other party, ... |
|
 What do you think about Insurance Agents? |
| And what do you think about your Insurance Agent, that is if you even know who he or she is?... |
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 A question about an insurance settlement? |
| My wife was hit by another car about a year ago. She broke two fingers quite badly. She had 2 surgeries, temporary pins, and a year of physical therapy. Now the insurance company is ready to settle.<... |
|
 Take the Accident insurance money run? |
1998 Camaro z28 Convert .
I hit a pole in a parking lot at about 10 MPH or so,
Called my insur and they told me to take it to get an Est or to take it to thier reccomended shop.
1st ... |
|
 How i can an insurance agent ( advisor). what are qualification required for insurance agent ? |
| as i want to be an insurance agent and i required phone no , email id of the person who can appoint me as insurance agent ?... |
|
 Can my brother add me to his health insurance? |
| I understand that without knowing which carrier my brother has it's not possible to know the answer for sure. But in most cases would my brother be able to add me to his insurance? He works at ... |
|
 How to terminate my insurance policy? |
| i've 2 policy insurance, life policy & investing policy. now i have finance problem, i really cannot afford the premium. so i want to terminate either one of these 2 policy. if i terminated ... |
|
 Urgent help needed. Insurance claims? |
A shop manager has been has asked by her employer to lie in a letter for an insurance claim.
-The claim is for items that were shoplifted, while the manager was not present, which is exactly ... |
|
 Does car insurance really go down when you get married? |
| I have heard that insurance goes down once you get married. Is this true? If it is, how much? Is it significan't? Do you have to be married before you turn 25 for this to apply? I have heard so ... |
|
 How should I pick a company to buy life insurance from? |
| So many companies offering life insurance... how should I determine which one is the best to ask for a policy?... |
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crazylegs | Do you think buying gap insurance is worth buying for a used car in the $11,000 range? |
the car blue books for over $12,000 so i did not get it with my financing but I have seen online that you can get it for a one time premium of $299 |
 |
 
pjhj2006
 |
OF COURSE! For only $299 you'd be crazy not to. You never, ever know what could happen. $299 is nothing when you consider that without it you could be out a few grand.
http://www.all-about-car-selection.com/gap-insurance.html |
|
from me to you
 |
no |
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lilpimpwith50cent
|
nope |
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deputydawg
|
Yes. Gap insurance protects you from the insurance company's estimate of your vehicles value if it is totaled. In most cases, their value is much less than what you owe on tthe car. Consequently, you wind up having to pay the difference to your finance company. |
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zaden99
|
YES YES YES!! only because if your like me and not made out of money this situation would hurt. My bestfriend had a used /new car for about 8 months when (No gap insuransce just full coverage) so woman hit her and totaled her car and put her in the hospital for 6 weeks well the lady had a insurance paper that claimed she still had a policy so the officer only ticked her for recless driving and he thought she had insurance because f the paper needless to say a bout a week later my friend found out the paper was no good the policy had expire due to failure of payment . so with no gap insurance my fiend is out of a car and still havng to pay of a small portion of the debt because the car depreciated once she bought. meaning the bluebook value decreased do to new ownership. so i would insist on you getting the insurance its not very much and i believe that add to your total of your car financeing. |
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leighdevaney
|
gap insurance is the safest way to make sure you dont end up with a huge finance bill if the car is written off or stolen. i didnt have it on my first financed car and it took me ages to pay off the debt. go for it, better be safe than sorry |
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frameking
 |
Get it! The car will probably depreciate faster than you pay it off. So even though you now owe less on it than it's worth, that can change in the coming months / years. |
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CFP L.L.
 |
There's no one right answer.
It depends on the specific market value of the car and your replacement cost. You'll have to do the math and see if the $299 coverage is worth that gap to you. |
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sdguy92020
|
Absolutely |
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Andrew
 |
yes |
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bc_munkee
|
Yes!!! My car was stolen a couple of years ago and I was upside down on what I owed compared to blue book value. Without a doubt it is worth it. It cost me $1500 |
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greg
|
Typically you want the GAP insurance if you roll a lot of negative equity. It will protect you from paying the difference from value vs. loan payoff |
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kdsboys
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Get the gap insurance, if your car gets in an accident and is totalled your regular insurance will only pay the blue book value and leave you with the remaining balance. It's worth so get it please!!!! Trust me! |
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