Lease Gap Insurance is auto coverage that pays the difference between a car’s actual value and the remaining loan balance in case of a total loss. Murphy Insurance Agency offers lease gap insurance to protect car owners from financial gaps after an accident.

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Gap Insurance

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Car owners often assume that if their car is totaled, it will be replaced at the amount they paid, or at least the amount they owe. However, that’s not always the case — learn why and what you can do to protect yourself.

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