Financial Channel

I moved to FL two years ago and I am not very familiar with car insurance but could it be possible to add supplemental insurance to my current insurance. I am asking this because right now an auto dealer quote it for less than what I owe to the bank. I am really concerned because if I want to sell the car I would have a negative balance on the loan and also I called the insurance company and they told me that is the car is stolen they would only paid what is worth on the market. Could somebody give me any advice on this?

You can check with your insurance agent to see if you can add "gap coverage" to your policy. Note that this type of coverage is meant to cover the balance on the loan if the market value of the vehicle is less than the loan balance after an accident, but provides no protection in relation to a trade-in or sale.