Vehicle Worth

What happens if I owe more than my vehicle is worth and my vehicle is totaled?

We pay actual cash value (ACV) for covered losses, up to the limits of your policy and excluding your deductible.  Therefore, you may be responsible for paying the balance to your loss payee.  You can elect to add our Loan Gap endorsement to protect yourself from this situation.  Call 1-866-493-2778 to add this endorsement to your policy.
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