Gap Insurance

GPTKB entity

Properties (23)
Predicate Object
gptkbp:instanceOf Insurance
gptkbp:benefits Individuals with low down payments
gptkbp:can_be Dealerships or insurance providers
gptkbp:construction_cost The vehicle's value and loan amount
gptkbp:controls Financial loss in case of total loss of the vehicle
gptkbp:covers Deductibles or other fees
https://www.w3.org/2000/01/rdf-schema#label Gap Insurance
gptkbp:includes Certain types of vehicles
gptkbp:is_a Supplemental insurance
gptkbp:is_available_in Many auto insurance companies
gptkbp:is_designed_to Negative equity in a vehicle
gptkbp:is_essential_for Older vehicles
The duration of the loan or lease
Protecting against financial loss after an accident
gptkbp:is_used_in Financed or leased vehicles
High depreciation vehicles
New car purchases
gptkbp:occursAnnually A vehicle is financed or leased
gptkbp:previousName Guaranteed Asset Protection
gptkbp:provides Coverage for the difference between the amount owed on a vehicle and its actual cash value
gptkbp:relatedTo Regular auto insurance
gptkbp:requires True
gptkbp:typeOfInsurance True