14 Oct, 2024
1 min read

Hyundai Finance Gap Insurance Essential Coverage Explained

Hyundai Finance Gap Insurance Essential Coverage Explained

Hyundai Finance Gap Insurance: Essential Coverage Explained

Understanding Hyundai Finance Gap Insurance

Hyundai Finance Gap Insurance is a crucial component of vehicle ownership, providing essential coverage that protects you from financial loss in the event of a total loss or theft of your Hyundai vehicle. Understanding how this insurance works and its key benefits is essential for every Hyundai owner.

What Does Hyundai Finance Gap Insurance Cover?

Hyundai Finance Gap Insurance covers the “gap” between the amount you owe on your Hyundai vehicle loan or lease and the actual cash value (ACV) of the vehicle at the time of loss.