Gap coverage and Replacement coverage together
I recently purchased a new 2015 Flagstaff 25ks about 11k under MSRP. Going through the loan process, it was recommended that I buy the extended warranty and GAP coverage. I did. Now when I called GEICO, my insurance agent, I found That I could buy a replacement coverage which would replace the TT for the MSRP for the 1st 5yrs and then go to purchase price to the 8th year, then ACV. I should be way under the loan value on the 6th year.
My question is... With carrying replacement coverage, Do I really need the 800.00 spent for GAP too?