Where to get a Standalone GAP

Ask the Hackrs Insurance
8

Some thoughts:

  1. There are probably several thousand more exciting ways to flush $400-700 down the toilet (you’re insuring a remote chance of loss combined with a small potential loss, which generally results in absurd premiums relative to the actual risk);

  2. There are direct sellers of GAP. I know nothing about this one specifically, but maybe it’s a place to start EasyCare Coverage - Get Coverage or File a Claim ;

  3. Call more credit unions.

  4. (And I think this may be your best option)… I’ve done a vehicle loan with Bank of America and their rates were outstanding, but that was then and this is now. Take a look at your APR and compare it to what else is out there. It might make sense to immediately refi to a better rate, and then if you still absolutely think you must have this coverage, add it to your refi transaction before it closes.

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