Mercedes-Benz Brampton
10 Coachworks Crescent, Brampton, Ontario, L6R 3Y2
What is GAP insurance? Refer to our overview of GAP insurance to learn more about what it is, how to get it, and whether or not it’s worth it. What does GAP insurance cover? It covers the gap between the amount you owe on your car and the car’s market value at the time of an accident. It’s optional for Caledon drivers, but it offers added peace of mind and coverage. Read on to learn more about the types of situations covered under GAP insurance and why it’s needed in Canada.
GAP insurance is meant to cover damages to your Mercedes-Benz — not bodily injury or death. GAP insurance and liability insurance are nowhere near the same type of coverage. Here’s a quick look at what GAP covers and doesn’t cover:
Gap Insurance Covers:
Gap Insurance Does NOT Cover:
Essentially, the answer to the question, “What does GAP insurance do,” is: it covers you in the event your car is deemed a total loss in an accident.
Technically, GAP insurance isn’t needed. It’s an optional form of coverage, but is highly recommended. There are a number of reasons to justify the need for GAP insurance coverage, though — two of which include the following:
Now that you know the answer to the question, “What does GAP insurance cover,” you’re ready to make an informed decision about whether or not it’s right for you. If you have more questions about financing and insurance, contact us at Mercedes-Benz Brampton. You’re also welcome to pay us a visit near Georgetown and Orangeville to speak with us in person and browse our selection of new and pre-owned vehicles.
Other Articles That May Interest You
The All-New 2025 Mercedes-AMG GLC 63 S E Performance: 10 Exceptional Features That Set It Apart
The Mercedes-AMG GLC 63 S E Performance introduces AMG’s E PERFORMANCE hybrid technology to an SUV for the first time. This model integrates hybrid efficiency with substantial performance enhancements, improving both power output and driving dynamics. The GLC 63 S E Performance offers a refined yet exhilarating driving experience by integrating technology from Mercedes-AMG's motorsport...
Your Complete Guide to the 2025 Mercedes-Benz GLE
The 2025 Mercedes-Benz GLE continues to uphold its reputation as a luxury midsize SUV that blends sophistication, power, and cutting-edge technology. Whether you’re navigating city streets, tackling off-road terrain, or embarking on long road trips, the GLE delivers a balance of rugged capability and refined elegance. It combines a wide variety of innovative hybrid powertrains, advanced...
A Look at How the 2025 Mercedes-Benz eSprinter Can Make Your Business More Profitable
The 2025 Mercedes-Benz eSprinter marks a significant milestone in commercial electric vehicles. Designed as an efficient, versatile, and zero-emission alternative to traditional cargo vans, it reflects Mercedes-Benz’s commitment to sustainability and cutting-edge technology. For Canadian businesses, the eSprinter offers the potential to streamline operations, reduce costs, and enhance fleet...
