WebGap insurance is an optional auto insurance coverage that applies if your car is stolen or deemed a total loss. When your loan amount is more than your vehicle is worth, gap insurance coverage pays the difference. For example, if you owe $25,000 on your loan and your car is only worth $20,000, your gap coverage covers the $5,000 gap, minus your ... WebGap insurance is an optional coverage you can add to your personal auto policy that covers the difference if your vehicle is totaled or stolen and the insurance payout isn’t enough to cover the ...
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