Is GAP Insurance Worth It on a Used Car (2026 Guide)?
GAP insurance may help when a used-car loan payoff exceeds the vehicle’s value. Learn how to calculate the gap and review costs, limits, and exclusions.
GAP insurance may help when a used-car loan payoff exceeds the vehicle’s value. Learn how to calculate the gap and review costs, limits, and exclusions.
GAP insurance may cover an eligible difference between a financed car’s value and the remaining loan balance after a qualifying theft or total loss. Learn how GAP works, what it may exclude, how available options differ, and when the protection may no longer be necessary.