What is GAP Coverage

What Is GAP Coverage?

What is GAP coverage or GAP Insurance? Do I need it? It costs extra?

These are some of the questions that you may have when you are sitting in the finance office for your next vehicle purchase.  Here is some information for you.

GAP stands for Guaranteed Auto Protection.  It is a form of auto insurance that a car buyer can get to protect themselves against a total loss.  

GAP insurance will cover the difference between your vehicles depreciated value and what you still owe if your vehicle is stolen or you are in an accident and it is a total loss.

In other words, let's say you owe $10,000 on your vehicle and you are in an accident.  Your insurance company says that it is a total loss.  They give you $5000 for the value of your vehicle. Now you are left still owing $5000 on a vehicle that you don't even have.  GAP would pay the remaining balance of $5000 and pay off your loan.  

It is wise to invest in GAP coverage to cover yourself in case of such events.

BBQ Safety Tips from Rankl & Ries Motorcars

BBQ Safety Tips from Rankl & Ries

Summer is here and that means it is time to spark up the grill!

It also means that the emergency rooms will be full of many that have injuries from charcoal and gas grills.

Here are a few tips to keep you safe when grilling.

-Keep the grill about 10 feet or more away from your home and decorations.

-Never leave the lighter fluid on the grill.

-If you are using a gas grill be sure to check for gas leaks.

-Keep a spray bottle of water on hand and a fire extinguisher close.

-Never leave the grill unattended.

-Make sure that the fire is all the way out before disposing of coals.

-Clean the grill frequently.

-Keep children and pets away from the area.

Click here to learn more about Rankl & Ries Motorcars.

What To Do If Your In a Flooding Vehicle

Tips to Keep You Safe in a Flooding Vehicle

Summer time rain! So peaceful and relaxing, but also it can be dangerous!

Flash flooding can happen without warning and can happen in seconds!

Here are a few tips to keep you safe if you are in a flooding vehicle.

- Stay Calm, Never Panic

- Turn on your headlights and hazard lights

-Take off your seat belt

-Unlock your doors

-Lower your windows and climb out and get to higher ground.

-Never attempt to drive through the flooded road

-Call 911 for help