• You will never pay dealer handling fees at Glenwood Springs Ford.
  • Your first hour of diagnosis will be at no charge with repair.
  • The value of your vehicle will be guaranteed for 30 days whether you buy from us or not.
  • To always provide history reports and reconditioning list on all pre-owned vehicles.
  • To be here when you need us and accommodate your schedule with parts and service hours from 8AM to 6PM.
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Is Gap Insurance Worth It?

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When you are shopping for a new vehicle, you have several important decisions to make. One of those decisions is regarding insurance coverage. While some types of insurance are mandatory, others are optional. Because of this, you may be wondering, “Is gap insurance worth it?” While it isn’t required, gap insurance coverage is an option you will want to seriously consider. The finance experts at Glenwood Springs Ford have the details.

What is Gap Insurance?

What is gap protection? Gap (guaranteed asset protection) insurance covers the difference (or the “gap”) between what your vehicle is worth and how much more you have left to pay on the loan. This is applicable to drivers who finance or lease their vehicles.

Do I Need Gap Insurance?

So, is gap insurance worth it? There are several reasons why you should highly consider gap coverage for your vehicle. In addition to added peace of mind on the roads of Rifle, here are a few more reasons to opt for gap insurance:

  • Depreciation occurs immediately after driving off the lot.
  • Accidents can happen at any time, and if one happens early on while you own your vehicle, it can be quite costly.
  • Most insurance companies only cover what your vehicle is worth at the time of the accident.
  • If your car is totaled or stolen during a time where it is valued at less than what you still owe, you don’t have to worry about taking care of the difference in cost if you have gap insurance.
  • It is easy to obtain gap insurance, and the cost is very affordable for most drivers in the Grand Junction area.
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How to Purchase Gap Insurance

If you are interested in gap coverage, there are several ways you can obtain it:

  • Your regular auto insurance company may offer it. Often, it may cost no more than $20 per year.
  • The dealership or car loan company may offer it for a one-time fee.
  • Specialized gap insurance companies also provide this coverage for a one-time fee.

Glenwood Springs Ford Makes Buying a New Car Hassle-Free

Now that you know what is gap insurance on a car, you can decide if you are interested in this beneficial coverage. If you have additional questions about insurance or the financing process, you can contact our finance department at your convenience. We would be more than happy to assist you.

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970-945-2317

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55 Storm King Rd • Glenwood Springs, CO 81601

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Open Today! Sales: 8am-6pm

Open Today! Service: 7am-6pm

Open Today! Parts: 7am-6pm

Glenwood Springs Ford

55 Storm King Rd Glenwood Springs, CO

Phone: 970-945-2317

http://maps.google.com/?q=55%20Storm%20King%20Rd%2C%20%2C%20Glenwood%20Springs%2C%20CO%2081601

Parts

Phone: 970-945-2317

55 Storm King Rd Glenwood Springs, CO

Sales

Phone: 970-945-2317

55 Storm King Rd Glenwood Springs, CO

Service

Phone: 970-945-2317

55 Storm King Rd Glenwood Springs, CO
39.5625887 -107.3668267
Glenwood Springs Ford 39.5625887, -107.3668267.