18 Dec, 2024
1 min read

Understanding Lexus Financial Gap Insurance Coverage

Understanding Lexus Financial Gap Insurance Coverage

Subheading: Introduction to Lexus Financial Gap Insurance

Understanding Lexus Financial Gap Insurance Coverage is crucial for anyone purchasing or leasing a vehicle. This specialized insurance coverage helps bridge the gap between what you owe on your vehicle and its actual cash value in case of theft or total loss. Let’s delve into the details of this coverage and why it’s important for protecting your investment.

Subheading: How Gap Insurance Works

Gap insurance essentially covers the “gap” between the amount you owe on your vehicle loan or lease and the amount your insurance company pays in the event of a total