What Is Gap Insurance for Cars, and Do You Need It?
Gap insurance kicks in if you total your car or someone steals it — covering the difference between your insurance payout and what’s left on your loan or lease.
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Experienced personal finance writer
Background working with banks and insurance companies
Sarah enjoys helping people find smarter ways to spend their money. She covers auto financing, banking, credit cards, credit health, insurance, and personal loans.
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7+ years in content creation and management
5+ years in insurance and personal finance content
Ashley is a seasoned personal finance editor who’s produced a variety of digital content, including insurance, credit cards, mortgages, and consumer lending products.
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Updated October 29, 2024
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Travelers
Nationwide
Progressive
Allstate
The Hartford
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