Learn how gap insurance protects you financially by covering the difference between your car's value and what you owe in case of total loss. Discover when to buy it.

If you've ever spent a Saturday afternoon in a car dealer's financing office, you've probably heard of gap insurance. But maybe you didn't fully know what it meant. If so, you're not alone. In simple ...

Gap insurance covers the difference between your car loan balance and what your car insurance company pays if your vehicle is totaled or stolen. If your vehicle is paid in full, you don’t need gap ...

Imagine this happens: Your car or truck is suddenly totaled or stolen. Gap insurance is there to help to bridge the difference (the “gap”) between what you presently owe on a loan or lease and what ...

Cheap Insurance reports that gap insurance can be essential for new car buyers to cover the financial gap between owed loan and actual cash value after a total loss, especially in cases of low down ...

Gap insurance acts as a financial safety net for drivers who finance or lease a vehicle, covering the difference between the car’s actual cash value and the remaining loan or lease balance if the car ...

If you owe money on an auto loan or you’re currently leasing your vehicle, investing in gap insurance is a no-brainer. Gap insurance can help you pay off the difference between the actual value of ...

If you’re like most other entrepreneurs, you’re always seeking to protect your business (and your finances). One way to do that is to purchase gap insurance, a type of coverage that helps pay the ...

Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...

A car's value can depreciate as much as 20% in its first year. If you're leasing or financing your vehicle, you could quickly find yourself in a situation where the balance on your auto loan is more ...

View post: Walmart Is Selling a ‘Surprisingly Fast’ $110 Jump Starter and Air Compressor Combo for Just $40 If you owe more on your car than it’s currently worth, there’s coverage for that. Gap car ...

Gap insurance can pay out if the balance on your car loan is larger than the amount your insurance company will pay if your car is totaled Written By Written by Insurance Staff Writer, WSJ | Buy Side ...