Cheapest GAP insurance

New
doer5

New

PRE
Microsoft
doer5more
May 6 3 Comments

Gieco ask for 10$ per month for GAP or onetime payment of 295$. For 2017 Toyota Corolla what is better. I plan to keep it for 5 years Atleast and this car is financed.

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TOP 3 Comments
  • New / EngIzCK50
    If the 10 bucks a month is over 60 months then you save over 50% by front loading it. However often in case of accident you don't get any refund on that money
    May 60
  • New
    doer5

    New

    PRE
    Microsoft
    doer5more
    OP
    5 years loan
    May 60
  • New / EngIzCK50
    I can't comment on the 295 as I have no idea what your loan term is. You should only need GAP while you have negative equity .
    May 60

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