Question

"Gap" insurance a. is a good deal for the buyer. b. pays off the loan balance as well as being very profitable for the dealer. c. is very profitable for the dealer. d. pays off the loan balance of a "totaled" vehicle.

Answer 1

c. is very profitable for the dealer

Step-by-step explanation:

"Gap'' Insurance pays off the loan balance if the insurance payment is insufficient also it is profitable for dealer as well. Sometime the main insurance claim cannot fufill the loss so those that cannot be fullfill by main insurance are manage by gap insurance.