new car insurance gap

new car insurance gap
Can I drop gap insurance from my car loan?

When I purchased a new car I did not put enough down so they said I needed gap coverage, so I stupidly agreed to build it into my car loan. I should have said no and purchased it through my insurance carrier, but hindsight is always 20/20. I would like to know if I can call my finance company and tell them to remove the rest of the gap coverage to lower my payment so that I can pick it up through my auto carrier. Let me know. Thanks.

I doubt it. You would have to renegotiate a new loan without the gap insurance

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No matter what exactly are we planning to buy, all of us have a tendency to discover the cheapest possible solution for our requirements. So, the very same applies to purchase Automobile Insurance.

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