: If you financed through a credit union or bank, they may offer gap insurance directly for your loan.
Yes, you can buy gap insurance after you have already purchased your car and left the dealership . While it is often easier to set up at the point of sale, you have several alternative ways to secure coverage later. Where to Buy Gap Insurance Later
: Many traditional car insurance companies offer gap insurance as an optional add-on to your standard policy. However, you must already have collision and comprehensive coverage to be eligible. can i buy gap insurance later
: To add a Waiver of Depreciation (the insurance company version of gap coverage in Ontario), you typically must be the original owner, and the vehicle must be within 24 to 48 months of its purchase date.
You can usually buy gap insurance from three main places: * Car insurance companies. * Dealerships. * Lenders. BrokerLink Gap Insurance: Get Vehicle Replacement Coverage Quotes : If you financed through a credit union
: Finding gap insurance for used cars is more difficult through standard insurers, but specialized brokers like RH Insurance (1.4.8) may offer coverage for vehicles up to 10 years old.
: Some companies like Auto Shield Canada (1.4.11) specialize specifically in gap and negative equity protection. Eligibility and Time Limits Where to Buy Gap Insurance Later : Many
If you declined coverage at the dealership, you can still obtain it through: