Question From Susan: What would be the amount paid on a claim if my new 2008 Honda Civic was totaled? We financed for 100% and am now wondering if we should have gotten gap insurance. It’s value at sale was 17,500 and the total loan amount is $19,200. I called my insurance company to ask this, and they said there are too many variables to say what the value of the car is for a claim. Thank you Queen of the Road: Hi Susan. If the value was $17,500 I’m assuming your taxes were 8%? If you
Tuesday, 16 September 2008
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