Is gap insurance paid once a year?

Gap refers to the risk and economic responsibility of the accident depreciation part when the vehicle is totally lost or presumed to be totally lost within one year (or three years).

Compensation scope: invoice depreciation+purchase tax+license fee+travel tax.

Where depreciation amount = issue fare *6‰* use months.

Car replacement means that when consumers are ready to buy a new car, they will drive the original car to the 4s shop of the intended model, and then the staff of the 4s shop will evaluate the price, taking this price as a discount and pay the remaining money.