How do I know when I can get rid of Auto Loan/Lease Coverage? I believe this is otherwise known as gap insurance. I purchased a new 2011 Mazda 3 several years ago and was told that because of depreciation I could owe more on the vehicle than it was worth. Today I used Edmunds to calculate an approximate value for my car. I came up with around 11K - 12K. However, I owe less than that on my loan. Can I cancel this coverage?
I also have Roadside Rescue Assistance included in my policy. I have AAA too. Is this redundant? If so, I assume I would cancel AAA since the Roadside Rescue Assistance is
I also have Roadside Rescue Assistance included in my policy. I have AAA too. Is this redundant? If so, I assume I would cancel AAA since the Roadside Rescue Assistance is
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