Ally Financial Gap Insurance: Protect Your Investment

Understanding Gap Insurance

When it comes to protecting your vehicle investment, Ally Financial Gap Insurance is a valuable tool in your arsenal. But what exactly is gap insurance, and how does it work? In simple terms, gap insurance covers the “gap” between what you owe on your vehicle loan or lease and the actual cash value of your car in case of a total loss. This coverage can be crucial, especially if you owe more than what your insurance company would pay in the event of a total loss.

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