Consider gap insurance if any of the following apply to your financing or vehicle choice:
: You bought a luxury vehicle or a model known for losing value quickly. should you buy gap insurance
: Gap insurance pays the remaining debt to your lender so you aren't stuck paying for a car you no longer own. When You Should Buy It Consider gap insurance if any of the following
Guaranteed Asset Protection (GAP) insurance covers the "gap" between your car's and your outstanding loan or lease balance . should you buy gap insurance
: If your car is stolen or totaled, standard comprehensive insurance only pays the current market value.