Tuesday, August 4, 2009

Gap Insurance

Gap Insurance.
Oasis Insurance sells Gap Insurance on our website visit www.oasisinsurance.com Gap Insurance can be purchase by anyone who has a loan on a vehicle. Gap Insurance is not mandatory, your bank does not require it when you purchase a loan but is highly recommended. Gap insurance is designed to pay off your loan if your vehicle is a total loss and you owe more than it is worth. For example your loan balance is $8753 when your vehicle is totaled your insurance company will only pay you fair market value for your vehicle which at time of lose is only $6500. If you have purchased Gap Insurance from Oasis Insurance they would pay the additional $2273 to pay off your loan. If you did not purchase Gap Insurance from Oasis Insurance you would still owe your bank the $2273 and would not have a car anymore. In some cases you may owe the bank thousands and thousands of dollars for a car that has been declared a total loss. If you are looking for Gap Insurnace you must need auto Insuance Oasis insurance works with over 30 Ins companies we can always find you the lowest rate possilbe.Call Oasis Insurance today at 480-649-8001 press 3 for quotes or visit our website http://www.oasisinsurance.com

Brandon Brewer
Manager
Oasis Insurance

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