GAP is an optional product that is intended to cover the difference between the amount you owe on your auto loan and the amount the insurance company pays if your car is stolen or totaled. Standard auto …

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 …

In the event of a total loss or unrecovered theft, GAP (Guaranteed Asset Protection) will, in most cases, pay the difference between the actual cash value and the scheduled balance owed to the lender.

Jul 14, 2021 · Gap insurance, or guaranteed asset protection, is an optional coverage that pays the difference between what your vehicle is worth and how much you owe on your car at the time it’s …

Our Guaranteed Asset Protection (GAP) coverage protects you from paying large out-of-pocket expenses for the “gap” between your insurance settlement and the balance of your loan in case your …

Your insurance company would only cover the market value of your car, leaving you to pay what’s left. With Allstate Guaranteed Asset Protection, you’re not stuck paying that difference.

What is GAP insurance? Guaranteed Asset Protection (GAP) helps protect members against financial loss if their GAP-protected vehicle is stolen or declared a total loss.

What is Guaranteed Asset Protection (GAP)? If your vehicle is ever declared a total loss due to an accident, theft or natural disaster, your auto insurance company might only pay you the amount …

Gap insurance stands for Guaranteed Asset Protection insurance. It is an optional, add-on coverage that can help certain drivers cover the “gap” between the financed amount owed on their car and their …

Sep 18, 2025 · Guaranteed Asset Protection (GAP) insurance is a specialized type of coverage designed to bridge the financial gap between what you owe on your car loan and the actual cash …