Auto gap insurance covers the difference between your car's value and your loan balance after a total loss. This prevents you from owing thousands on a car you no longer have.
Gap insurance auto coverage protects you from owing thousands after a car is totaled. It covers the difference between your loan balance and your car's depreciated value.
Gap auto insurance covers the difference between your car's depreciated value and your loan balance after a total loss. This prevents you from owing thousands on a car you no longer have.