View Single Post
Old Feb 3, 2008 | 06:39 PM
  #3 (permalink)  
Signal7cbr!'s Avatar
Signal7cbr!
hates change
 
Joined: Jun 2005
Posts: 4,784
Likes: 0
Default

Ok Gap is the same no matter whre you go..

GAP is there to cover the gap from what you owe ont he bike and what insurance DOES not cover.

So say your bike is stolen or totaled...

KBB says your bike is worth 7000...and your still owe 11 on the loan...

if you have insurance and they give you the 7k...gap will cover the other 4k that your insurance doesnt.

so say you total your bike..or its stolen..you have gap..but no insurance.

they will only give you the 4k...not the full 11k.

make sense?
__________________
Originally Posted by b16sleeper
don't worry...if i see a white guy with an afro...i'll yell crackhead and watch the cops tackle you before you touch me..
Reply