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  2. What are the different types of car insurance coverage? - AOL

    www.aol.com/finance/different-types-car...

    Coverage example. A driver runs through a stop sign and hits you as you proceed through the intersection. ... Gap insurance is an optional coverage that you may be able to purchase when financing ...

  3. GAP insurance - Wikipedia

    en.wikipedia.org/wiki/GAP_insurance

    GAP insurance protects the borrower if the car is written off or totalled by paying the remaining difference between the actual cash value of a vehicle and the balance still owed on the financing. [1] GAP coverage is mainly used on new and used small vehicles (cars and trucks) and heavy trucks. Some financing companies and lease contracts ...

  4. Stop-loss insurance - Wikipedia

    en.wikipedia.org/wiki/Stop-loss_insurance

    Overview. Insurance companies themselves, as well as self-insuring employers, purchase stop-loss coverage for a premium to protect themselves. In the case of a participant reaching more than the specific (or "individual") stop-loss deductible ($300,000, for example), the insurer will reimburse the insured (the company, not the participant) for the remainder of the claim to be paid over that ...

  5. Asset and liability management - Wikipedia

    en.wikipedia.org/wiki/Asset_and_liability_management

    Asset and liability management (often abbreviated ALM) is the practice of managing financial risks that arise due to mismatches between the assets and liabilities as part of an investment strategy in financial accounting . ALM sits between risk management and strategic planning. It is focused on a long-term perspective rather than mitigating ...

  6. Gap insurance in California: what you need to know - AOL

    www.aol.com/finance/gap-insurance-california...

    Gap coverage is commonly confused with new car replacement coverage, but they are different. Gap coverage is a way to financially protect yourself if you have an outstanding loan on your vehicle ...

  7. Arizona car insurance laws - AOL

    www.aol.com/finance/arizona-car-insurance-laws...

    Every driver has to carry at least $25,000 in bodily injury liability coverage per person, $50,000 in bodily injury liability coverage per accident and $15,000 in property damage liability ...

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