How Gap Insurance Can Provide You With a Safety Net

How Gap Insurance Can Provide You With a Safety Net

Finance
When you buy a new motorcycle and begin to use it, it starts to depreciate, and while it doesn’t depreciate as fast as a car, it does nonetheless. Many people take out finance for their motorcycle purchase and this is an excellent decision, but what happens when your motorcycle starts to lose its value to the point, that the loan that you have exceeds this price. In the event of a motorcycle accident, or your motorcycle gets stolen, the value paid out by your insurance company may be much less than the money that you owe on the loan. This is not a situation that you want to find yourself in, and so you need to take additional steps when you’re signing your finance agreement, in order to add on…
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