GAP Insurance

When you take your great used car off of a Chapman Motor Sales used car lot, you are responsible for making payments on that car no matter what happens to it. This means that if you total the car, you still have to pay for it even if you can no longer use it.

Luckily, GAP insurance can help protect you from suffering this unfortunate circumstance. If you are looking for a great used car for a reasonable price, contact one of the 11 Austin used car dealers of Chapman Motor Sales or browse our combined online inventory today.

What is GAP Insurance?

GAP insurance is an insurance policy that pays off a car when it is no longer usable because it has been:

• Totaled in an accident
• Damaged by weather
• Vandalized
• Stolen

Though an individual may receive a settlement from his or her insurance company for the car, this amount may not be enough to pay off what the individual owes on the car if he or she financed it. GAP insurance pays off whatever remainder is left so that the car’s owner is not responsible for paying for a car he or she no longer can use.

Contact Us

The Austin used car dealers of Chapman Motor Sales are committed to getting you in a great used car at a reasonable price. If you or someone you know is looking to buy used, contact one of our 11 Austin-area used car dealerships, or browse our combined online inventory.