Extended Coverage Car Insurance Options
Extended coverage takes care of a number of different types of issues
with regard to driving and your vehicle. They vary from carrier to
carrier and can be added as separate premium items or can be included
in augmented policies. Some of the more popular are as follows:
- Rental Reimbursement, covering any rental vehicle you may need after your vehicle is damaged or stolen;
- Towing and Labor coverage to handle the cost of a breakdown on the road; and
- Gap Coverage which protects the value of your new vehicle in the
event it’s totaled in an accident by paying the difference between the
actual cash value you receive for the vehicle and the amount left on
your car loan.