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2. GAP insurance - Wikipedia

   en.wikipedia.org/wiki/GAP_insurance

   GAP insurance protects the borrower if the car is written off or totalled by paying the remaining difference between the actual cash value of a vehicle and the balance still owed on the financing. [1] GAP coverage is mainly used on new and used small vehicles (cars and trucks) and heavy trucks. Some financing companies and lease contracts ...

3. Gap insurance - AOL

   www.aol.com/finance/gap-insurance-174430008.html

   According to the Insurance Information Institute (Triple-I), adding gap insurance to a full coverage auto policy costs about $20 per year. However, this is not a set rate, and individual rating ...

4. Is gap insurance worth it to pay off your auto loan when your ...

   www.aol.com/gap-insurance-worth-pay-off...

   Gap insurance is supplemental auto coverage, in addition to comprehensive and collision insurance, that pays off a loan balance in the event your vehicle is totaled or stolen and never found and ...

5. Gap insurance in California: what you need to know - AOL

   www.aol.com/finance/gap-insurance-california...

   Gap insurance vs other coverage options. Many types of car insurance can offer financial protection for the investment you’ve made in your vehicle. However, each coverage type pertains to ...

6. Guaranteed asset protection insurance - Wikipedia

   en.wikipedia.org/wiki/Guaranteed_asset...

   Guaranteed asset protection insurance (or GAP Insurance) is an insurance coverage offered as a supplement to automobile insurance policies or auto loans. A GAP policy covers the difference between the value of a car (i.e., what the insurance company will typically pay) and what the borrower owes on the loan if the car is totaled or stolen.

7. Vehicle insurance in the United States - Wikipedia

   en.wikipedia.org/wiki/Vehicle_insurance_in_the...

   Loan/lease payoff coverage, also known as GAP coverage or GAP insurance, [15] [16] was established in the early 1980s to provide protection to consumers based upon buying and market trends. Due to the sharp decline in value immediately following purchase, there is generally a period in which the amount owed on the car loan exceeds the value of ...