The type of insurance offered by most auto dealerships and lessors that insures for the difference between what the insured owes on the vehicle and what the insurer says the vehicles actual cash value is in the event of a loss is known as ___ insurance.

The type of insurance offered by most auto dealerships and lessors that insures for the difference between what the insured owes on the vehicle and what the insurer says the vehicles actual cash value is in the event of a loss is known as ___ insurance.



Answer: GAP

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