Bought a vehicle - extra insurance rippoff or worth it?

Answers:0   |   LastUpdateAt:2012-11-04 08:52:12  

Question
Kaylene
Asked at
I just bought a used car, and decided to add on 2 extra insurance options. What do you think of them? Do you think I got ripped off?

1) Gap insurance - $599 - if car is stolen or totaled, bank will cover the gap between what the insurance company says its worth and the amount I have on my loan. (Will cancel it when the gap is less than my deductible, so in the end, @ a prorated cost, this will only cost me $300)
2) Stolen insurance - $299 - if car is stolen within first 3 years and not found, I receive $3,000 cash and $2,000 toward my next vehicle @ same dealership. Also, VIN # "program" was activated, and VIN # was etched on 6 places around my car (not the windows)
Answers

This Question:"Bought a vehicle - extra insurance rippoff or worth it?" No answers yet. Be the first!
Related Questions
1
  • Answer This Question:Bought a vehicle - extra insurance rippoff or worth it?