EASYCARE CANCELLATIONS
- Email: [email protected]
- Mail: APCO Cancellation Department, P.O. Box 88230, Atlanta, GA 30356 Please refer to your contract for specific cancellation language. ...
- Email us: [email protected]
- Call us: 800-538-4181, Monday – Friday from 8:30 am – 6:00 pm EST
Full Answer
How do I Cancel my Gap insurance?
You may print and complete a cancellation form and send it to your dealership. In order to cancel GAP coverage, we require specific documentation based on the reason for the cancellation. For more details, please refer to the ‘Cancellation’ section under the Terms and Conditions on your contract.
Can I get a refund on my Gap insurance policy?
The good news is that you will be able to get a prorated refund on your gap policy when you are ready to cancel. Here’s how to get a better idea of when it is the right time to cancel your gap insurance. If the amount of loan you have left to pay off comes to less than your car is currently worth, it’s time to cancel your gap insurance policy.
How do I contact EasyCare gap?
Fax: 678-969-7515 (Attention: GAP Claims Dept.) Email: [email protected] (Attention: GAP Claims Dept.)
Can you cancel a service contract with easy care?
EASYCARE CANCELLATIONS We recommend initiating the cancellation with the dealership at which you purchased your service contract because your dealer will issue any refund due to you. Note that if your contract was financed with the purchase of your vehicle, and the loan hasn’t been satisfied, any refund due will be sent to your lien holder.
How do I cancel my GWC Warranty?
Can I cancel the plan? Contracts can be canceled, provided that eligibility criteria are met. Cancellation requests should be made through the selling dealer. To determine cancellation eligibility, check the Terms & Conditions of your contract, as well as any state-specific disclosures listed in the contract.
Who owns EasyCare warranty?
the APCO Holdings familyToday EasyCare is part of the APCO Holdings family, and is a leading marketer and administrator of automotive aftermarket products sold throughout the United States. With more than 35 years of experience, we offer a full suite of driver F&I benefits, innovative dealer services and industry-leading customer service.
How does EasyCare work?
If you're traveling when you break down, you can take your car to any licensed repair facility. Ask the repair shop to call EasyCare and have your claim approved before beginning repairs. Pay your deductible to the repair shop, and EasyCare will cover the rest of your covered repair costs.
Is EasyCare warranty transferable?
Plus, our contracts are transferable, and repairs can be completed at any licensed repair facility.
Is EasyCare legit?
The extended warranties range from bumper-to-bumper coverage to basic protection. After more than 30 years in business and providing service to more than 7 million customers, it's clear why EasyCare holds high accolades. The company is accredited by the Better Business Bureau (BBB) and has been given an A+ rating.
What is EasyCare on a car?
EasyCare protects what moves you so that you can focus on what matters most. Vehicle Service Contracts. Guaranteed Asset Protection. Appearance Protection. Commercial Vehicle Coverage.
How much does EasyCare cost?
What is Covered by EasyCare Extended Warranty PlansAvg CostTotalCareSuspension$2500-$3500YesAirbags$2500-$4000YesTransmission$4000-$5000YesHybrid Car Battery$2500-$4000No6 more rows•Jan 19, 2022
What is Total Care warranty?
Total Care Warranty Vodafone offers you a 24 Month Warranty, starting from your date of purchase, whereby we cover your device purchased on a Device Plan or outright against any manufacturer (including Apple) faults with repairs under warranty, at no extra cost.
What is EasyCare car warranty?
EasyCare will reimburse your customers up to $40 per day for up to six days for a rental, taxi, or rideshare if your vehicle is in the shop for a covered repair.
Can I cancel my GM extended warranty?
You can't cancel the GM Extended Limited Warranty. However, you may cancel a GM Protection Plan or a third-party extended warranty for a GM vehicle.
What is Gmpp warranty?
What is a GMPP? A General Motors Protection Plan, or GMPP, is the best way for you to protect your vehicle after the factory warranty expires. It covers some of the most important and expensive parts of your vehicle, with repairs done at approved GM dealerships.
What is GM service contract?
Vehicle Service Contract (Protection Plan) A vehicle service contract covers failure of specific parts. It can be added at the time of vehicle purchase at an additional cost, or any time up to 84 months or 100,000 miles†. It also may be transferred if the vehicle is sold, or you may cancel it at any time.
How do I cancel my gap insurance from a dealership?
You want to review your gap insurance purchase documents, then contact the dealership directly. Likely you’ll speak with the finance manager about...
Do I get my money back if I cancel my gap insurance?
Typically there’s a 30-day full refund policy for canceling your gap insurance. However, this can vary based on the company. Some companies will of...
Can you cancel gap insurance at any time?
Yes, you can typically cancel your gap insurance at any time if you find you no longer need it. Be sure to learn the cancellation terms, so you kno...
What happens if you don’t use your gap insurance?
This is a use it or lose it situation. If you don’t use your gap insurance, you just don’t use it. You won’t get a refund for those premium amounts...
What happens when you cancel gap insurance?
Depending on your policy terms, you could receive a refund for the months you’ll no longer have the policy. Once it’s canceled, you’ll no longer ha...
What is key takeaway gap insurance?
Key Takeaway GAP insurance covers the difference between the principal remaining on your loan and the actual cash value of your car is totaled.
What is gap insurance?
GAP, or Guaranteed Asset Protection insurance, is a popular add-on coverage option that covers the difference between the principal remaining on your loan and the actual cash value of your car is totaled.
How to calculate gap insurance refund?
If you paid your entire premium upfront, you can calculate your gap insurance refund to get a better idea of what to expect. Start by checking the policy expiration date on your gap insurance policy. Now find out how much you paid for your gap insurance premium.
How long does it take to get your money back after cancelling a health insurance policy?
Most providers will give you your money back if you cancel 30 days of taking out the policy.
Does Jerry's insurance app work?
Not only does Jerry allow you to find the cheapest insurance policy fast, but the app takes care of your insurance needs from start to finish. You just pick your policy, and Jerry handles the rest —right from canceling your old coverage, taking out a new policy, and even taking care of all of your refunds in the future.
Do you need gap insurance before driving off the lot?
However, your dealership may insist that you take out a gap insurance policy before driving your financed car off the lot. Even if you don’t want to cancel your gap insurance coverage altogether, you will probably find better gap insurance rates elsewhere—like Jerry.
Is gap insurance good?
If you are upside down on your loan (you owe more than your car is worth) gap insurance can be a good thing to have. If you don’t want to owe a debt if your car is totaled, consider holding off on canceling until you are no longer upside down.
What is gap insurance?from easycare.com
Our Guaranteed Asset Protection (GAP) coverage protects you from paying large out-of-pocket expenses for the “gap” between your insurance settlement and the balance of your loan in case your vehicle is totaled or stolen.
Is Easycare a good buy?from easycare.com
EasyCare is the industry’s only MOTOR TREND® Recommended Best Buy, and carries an A+ rating from the Better Business Bureau.
How Do I Cancel My Gap Insurance Policy?
Here’s how to cancel your gap insurance. Keep in mind the exact steps might change depending on the company, so be sure to confirm the process before you begin.
When Should I Cancel Gap Insurance?
You only want to cancel your policy if it doesn’t make financial sense for you anymore. Otherwise, you could be removing an essential layer of protection. Here are 4 circumstances when we do recommend canceling your gap insurance coverage.
What is Gap Insurance?
Gap insurance (aka “guaranteed auto protection”) covers the difference between what your car or truck is worth and the amount you owe on it if it’s totaled or stolen. Having gap insurance is valuable because a vehicle begins to depreciate the second you drive it off the lot, with most cars losing 20 percent of their value within its first year. Then they continue to lose their value annually.
How Much Does Gap Insurance Cost?
If you buy gap insurance from the dealer, it may cost a lump sum of around $500 to $1,000. If you purchase gap insurance from your auto insurer, it may cost about 5 percent of your regular collision and comprehensive premium. If your C&C premium is $700 per year, then you’d pay $35 for a full year of gap insurance. That’s a much better deal.
How Long Does It Take to Get a Gap Insurance Refund?
The timeline for getting your gap insurance refund after canceling your policy can vary widely from a few days to a few weeks depending on the company. When you inquire about canceling your policy, be sure to understand the timeline you should expect to receive your refund.
How to calculate monthly insurance premium?
Multiply your monthly policy cost by how many months are remaining on your policy.
Does Gap Insurance Cover Missed Car Payments?
Some people think gap insurance is a broad insurance policy that covers all situations, like missing a car payment, repairs to a new car, medical bills after an accident, or the loan balance if the vehicle is repossessed. No! It does not cover these things. Gap insurance only covers the difference between the actual cash value of your car, minus the deductible, and the amount you owe on the vehicle, should it be stolen or totaled.
You owe less on your auto loan
Once you owe less on your car loan than what the car is worth, you generally don't need gap insurance.
To switch coverage providers
Buying gap coverage through your auto insurer may be cheaper than paying for coverage through a dealership. If your insurer offers a better deal, you can cancel your gap insurance from the dealership and add it to your auto policy instead.
You sold your car
If you sell the vehicle with gap coverage, you can remove the coverage from your auto policy. If your gap coverage was provided through a dealership, you can cancel it once your loan or lease is paid off.
Step One: Review your contract details
It is important to look over your contract from when you originally purchased gap insurance to make sure there are no contingencies, such as gap insurance being required as part of your loan or lease. Your policy documents will also have the contact information for the insurer.
Step Two: Gather your information
In order to cancel gap insurance, you’ll need to gather the details of your policy, in addition to information about the covered vehicle and drivers. If your contract specifies that gap insurance is required, you will need the policy information for a new gap insurance plan, too.
Step Three: Contact your gap insurance provider
Once you’ve gathered all of your necessary information, reach out to your gap insurance provider. Your contract should explain whom to contact, whether it is a well-known insurance company or a gap insurance agent that works directly for a dealership.
Step Four: Pay any necessary cancellation fees
You may need to pay a cancellation fee to stop gap insurance or have a cancellation fee removed from your gap insurance refund. That information should be provided in your policy documents.
Step Five: Request verification that the gap insurance policy has been canceled
When canceling your gap insurance, be sure to request verification that the policy has been canceled. Contact your insurer again if you do not receive verification in a timely manner.
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How Do I Cancel My Gap Insurance Policy?from compare.com
Here’s how to cancel your gap insurance. Keep in mind the exact steps might change depending on the company, so be sure to confirm the process before you begin.
What is Gap Insurance?from compare.com
Gap insurance (aka “guaranteed auto protection”) covers the difference between what your car or truck is worth and the amount you owe on it if it’s totaled or stolen. Having gap insurance is valuable because a vehicle begins to depreciate the second you drive it off the lot, with most cars losing 20 percent of their value within its first year. Then they continue to lose their value annually.
How Long Does It Take to Get a Gap Insurance Refund?from compare.com
The timeline for getting your gap insurance refund after canceling your policy can vary widely from a few days to a few weeks depending on the company. When you inquire about canceling your policy, be sure to understand the timeline you should expect to receive your refund.
What to do if you no longer want gap insurance?from foxbusiness.com
If you no longer want your current gap insurance policy because you believe you paid too much for it, then shop around to see if a cheaper policy is possible. If it is, then see about canceling out your current one before buying the new one.
How to calculate monthly insurance premium?from compare.com
Multiply your monthly policy cost by how many months are remaining on your policy.
Does gap insurance cover a DUI?from compare.com
Read the fine print when you buy gap insurance, too. Some policies may exclude certain losses — if you total the car in a DUI accident, for instance, it might not be covered.
Does Gap Insurance Cover Missed Car Payments?from compare.com
Some people think gap insurance is a broad insurance policy that covers all situations, like missing a car payment, repairs to a new car, medical bills after an accident, or the loan balance if the vehicle is repossessed. No! It does not cover these things. Gap insurance only covers the difference between the actual cash value of your car, minus the deductible, and the amount you owe on the vehicle, should it be stolen or totaled.
How much does gap insurance cost?from ownerly.com
Gap insurance usually costs between $20 and $40 per year. Progressive charges $5 per month or $60 per year.
How long does it take to get a gap insurance refund?from ownerly.com
The process can take just a few days or several weeks. Be sure to stay in contact with the insurance provider to sign and return any necessary documents as well as provide any additional information as needed.
Can you get a refund from gap insurance?from ownerly.com
If there is a total loss, your gap insurance will pay out the difference between the actual cash value and the loan or lease balance, but you cannot file for a refund of the remaining gap coverage.
What Is Gap Insurance?
Guaranteed Auto (or Asset) Protection, commonly called "gap insurance" or " loan/lease gap coverage ," is protection for newer financed and leased vehicles. If your car is stolen or totaled, gap insurance can help pay the difference between the current value of your car and the amount you still owe your lender.
When Should You Cancel Your Gap Insurance?
If you add gap insurance to your auto policy, you can cancel it after your loan amount drops below the car's value. This often happens after about two years of payments. 5 You can also drop gap coverage if you pay off your loan early, or trade or sell the vehicle.
How to Get a Gap Insurance Refund
If you decide to drop gap insurance during a coverage term, you can apply for a refund. The insurer may not notify you that you are due a refund and likely won't automatically reimburse you. In most cases, you will receive a refund of the amount of your coverage that is unused.
What to Expect When Asking for a Gap Insurance Refund
Once the process is complete, the insurance provider will cancel your policy and issue a refund. You'll usually get it in the form of a check. The refund process can take a few days, or it may take as long as six weeks. 7
How Long Do You Have to Continue Gap Insurance?
You should continue gap insurance coverage until your loan amount drops below your car's value. You can also cancel the coverage when you sell or trade a vehicle. You should wait to cancel until you've completed the sale or trade.
How Much Does Gap Insurance Cost?
If you purchase gap insurance through an auto dealer, you may pay a premium of around $500 to $700. 3 When buying it straight from an insurance company, the carrier will base your premium on several factors, including your age, your location, your car's actual cash value, and your claims history.
How Do I Know if I Have Gap Insurance or Will Need to Have It?
If you lease a car, the leasing company may include gap insurance in your contract. This should detail the terms of the coverage. If your finance or lease agreement doesn't include gap insurance, you'll have to buy the policy from an auto insurance company. These firms often offer gap coverage as an endorsement or rider to car insurance policies.
How to cancel gap car insurance?
To cancel GAP car insurance, the owner of a vehicle must contact the financial institution that holds the loan on the car. The owner must then request their GAP insurance is canceled. They will receive a form in the mail that they must fill out, sign and date, and return to the lender for a refund to finalize the cancellation process.
Who can contact about GAP cancellation?
For further information, vehicle owners can contact the loan holder of their vehicle to inquire about their specific GAP cancellation policies.
How Does Depreciation Affect A Gap Insurance Provider?
Being upside down in a vehicle means that the total value of the car is less than the amount of money that the owner owes on the vehicle loan. Buyers who put nothing down and drive off the lot are more than likely going to be upside down several thousand dollars, instantly.
How much does gap insurance cover?
Gap insurance comes in different forms. Some cover up to one month’s difference in payments. Others will cover the entire gap amount. Either way, you won’t be on the hook for the whole unearned portion if your car is a total loss.
Can you cancel a gap insurance plan?
GAP insurance plans can be canceled just like any other plan. Some factors go into purchasing a new vehicle. The first and most important aspect of modern vehicle purchases is the price; drivers need to know that the car they want to buy fits into their budget.
