Insurance Add-Ons

We call them convenience features. You might not want to do without a car in case you get in an accident.

Here are some things that might relieve some stress :

Rental reimbursement : If your car is stolen or damage in an accident - this will pay for the cost of a rental for that time.

Towing coverage : If you have a flat on the side of the road or if you can't start your car - this will pay to have the car towed to the repair shop for you.

Gap coverage : for your new car - this will pay the difference between the actual cash value you receive for the car and the amount left on your car loan if your vehicle is totaled in an accident.

Gap coverage is especially nice when you have a $0 down payment auto loan or if you financed taxes and registration into the loan. It would also come in handy if you have an auto that has a high rate of depreciation.

Related Article: Why Car Insurance? >>