Helpful Websites
HERE ARE SOME HELPFUL WEBSITES AND SOME AUTOMOTIVE TRAINING FOR YOUR VIEWING PURPOSE.
- Auto Glossary
"GAP INSURANCE"; WHAT IS IT?
GAP insurance can provide valuable protection during the early years of your car's life if you have a loan or a lease.
Should a loss occurs, GAP insurance will pay the difference between the actual cash value of the vehicle and the current outstanding balance on your loan or lease. Gap Insurance protects your vehicle lease or loan. Sometimes it will also pay your regular insurance deductible.
If your vehicle has been totaled by an accident, theft, fire, flood, tornado, vandalism, or hurricanes your insurance company typically pays the actual cash value. That may be less than its actual retail value. It is often considerably less than the actual amount you still owe on your loan or the amount due for a lease payoff.
Typically a new car is worth approximately 30 percent less in 3 months than the day it was purchased! In our example above, if you owned the car for 3 days, had physical damage coverage and the car was totaled, you could owe 20% to 30% of the $24,000 ($4,800 to $7,200 out of your pocket) even though you purchased "full coverage."
Automobile owner's often assume that if their car is totaled, it will be replaced at the amount they paid, or at least the amount they owe. This is not so; Many car insurance companies offer a GAP option (Loan/Lease Gap Insurance) as an optional coverage that is available with physical damage coverage. WOMEN'S AUTO BUTLER WILL MAKE SURE THAT YOU GET THE LOWEST PRICE POSSIBLE.
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WHAT IS "LoJACK"? DOES IT WORK?LoJack WORKS!
* Over 200,000 vehicles have been recovered worldwide since the product was introduced, with over 100,000 recovered in the U.S. alone.Worldwide, LoJack has helped law enforcement track and recover more than $4 billion in stolen assets to date.
* LoJack offers a money-back guarantee if your vehicle is not recovered within 24 hours. The system comes with a two-year, 24-hour recovery warranty.
* LoJack owners may be eligible for insurance discounts. Check to see insurance information for your state. Women's Auto Butler will make sure you get the lowest price possible!
