Here at Fields Volvo Cars of Northfield, you can expect a large selection of new and pre-owned Volvo models and experience the ease of having a skilled sales team help you find the car that suits all your needs. When our customers purchase a new car, we often urge them to consider gap insurance.
When you you finance or lease one of our Volvo models, our team will often recommend that you add gap insurance. Gap insurance, which stands for guaranteed auto protection, provides financial peace of mind when you’re on the road. It cover things like car theft and the loss of a vehicle after it is totaled. At the same time, gap insurance won’t cover things like engine failure or deductible costs.
That said, gap insurance is incredibly useful for drivers who sign up for a longer payment period, who lease their vehicle, or expect to put a lot of miles on their car. It helps drivers by paying the difference between what the vehicle is currently rated at market value and what you still owe on it. This way, you aren't left paying for a vehicle that doesn't exist anymore.
In our Volvo finance center, we are more than happy to discuss more in depth the basics of gap insurance and whether your situation calls for it. We are always willing to assist with any concerns or questions, so don't ever hesitate to ask!
At our Volvo dealership serving Highland Park, IL, we make your satisfaction our number one priority, whether that means providing a diverse inventory or a Volvo service center to help you maintain your vehicle. Our goal is to fulfill all of your automotive needs at one dealership.