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octotron3000 OP t1_j6j1zt3 wrote

Reply to comment by CookieAdventure in I have a financed car and less than 30 days before navy basic training. by octotron3000

Does it make a difference if it needs full coverage because its new?

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CookieAdventure t1_j6j2q6u wrote

Not really. Your vehicle isn’t “new”.

Your vehicle has comprehensive on it. That part of your insurance policy pays to repair your vehicle if it is damaged. You need that even if it is in storage. If a tornado goes through while you’re deployed, the vehicle is covered (more or less).

Then there is liability coverage. That is the part of the policy that covers you and damage you cause. Talk to your insurance agent for more details.

The gap insurance is an add-on to your policy that helps you to pay off your loan if the vehicle is totaled. Soon you won’t need to keep that.

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