ST Alpha - "Wait a minute...did you get GAP insurance on the car when you bought it? if you did, you should still be golden. -- nm" (Reading a Post)

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In response to "Another question not sure what to do...(leagalish)" by Capstern (46 Days)

Wait a minute...did you get GAP insurance on the car when you bought it? if you did, you should still be golden. -- nm

Posted by Jim (aka Jim) Sep 8 '11, 08:40

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Responses:

I do have GAP - how am I golden? -- nm - Capstern (46 Days) Sep 8, 08:43 6
- Well, you asked about her wrecking the car. So if she wrecks it, the loan is paid off, yes? See? golden. :) -- nm - Jim Sep 8, 08:44 5
  - Sorry...the "golden" thing was only in the event of a crash. I'm kinda all over the place today. - Jim Sep 8, 08:45
  - Well true. But if she plows someones house in the process can I be sued? -- nm - Capstern (46 Days) Sep 8, 08:44 3
    - You need liability insurance, which I'm sure you have. You can also get umbrella coverage pretty cheap. I've got a $1,000,000 umbrella policy for - pmb Sep 8, 09:00
    - Like I said, if it's in the agreement then you become the Lienholder and she is the Registered Owner. -- nm - CrankYanker Sep 8, 08:46 1
      - oh fuck, nevermind, you still owe on the car. -- nm - CrankYanker Sep 8, 08:47

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