Gap Insurance — A type of auto insurance that car owners can buy to protect themselves against losses that can arise when the amount of compensation received from a total loss does not fully cover the amount the insured owes on the vehicle s financing or lease… … Investment dictionary
gap insurance — This covers you against additional losses not covered by your auto insurance in the case of an accident in which the vehicle is totaled. Most auto insurance will cover the actual cash value of the vehicle and what is owed on the lease contract,… … Dictionary of automotive terms
gap insurance — /ˈgæp ɪnʃɔrəns/ (say gap inshawruhns) noun private medical insurance which covers the gap between the Medicare benefit and the scheduled fee …
Gap Amount — Insurance will only cover a certain amount of coverage if leased items are stolen or totaled. There is often a difference between the amount the insurance company covers and the amount of the vehicle that is owed under the lease agreement,… … Investment dictionary
insurance — See automobile insurance car insurance collision insurance comprehensive insurance gap insurance motor insurance no fault insurance … Dictionary of automotive terms
Gap — or The Gap may refer to:General* Gap (clothing retailer), a chain of retail clothing stores * Gap (ecology), a spacing between large trees in a forest * Gap (landform), a mountain pass, often carved by a river * Gap year, a prolonged period… … Wikipedia
insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… … Universalium
Guaranteed asset protection insurance — (or GAP Insurance) is an insurance coverage offered as a supplement to automobile insurance policies. It provides financial protection from certain types of loss that are not covered by standard automobile insurance.GAP is designed to cover the… … Wikipedia
Vehicle insurance — Vehicle insurance, in exchange for a premium, will pay valid claims arising out of traffic collisions Vehicle insurance (also known as auto insurance, gap insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks,… … Wikipedia
Consignment Insurance — A class of insurance that covers loss or damage to items that are on consignment, loan, up for auction, or in the process of transfer. The insurance will pay out only if the damage or loss is incurred while the property is not currently being… … Investment dictionary
Professional liability insurance — (PLI), also called professional indemnity insurance (PII) but more commonly known as errors omissions (E O) in the US, is a form of liability insurance that helps protect professional advice and service providing individuals and companies from… … Wikipedia
