However, our opinions are our own. See how we rate auto insurance products to write unbiased product reviews. Gap insurance covers the difference between the remaining balance on your auto loan ...

If you’re financing or leasing a car, you may want to consider purchasing gap insurance. In this article, we at the MarketWatch Guides team will explain what gap insurance is, how it works and ...

But if you carry gap insurance, your insurance company will pay the difference between the car’s value and what you owe. For many drivers, gap insurance provides a much-appreciated level of ...

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 ...

This situation can leave you owing more on your car loan than the vehicle is actually worth. So, what happens if your car is stolen or written off and your insurance payout doesn’t cover your ...

GAP insurance (or Guaranteed Asset Protection insurance) is designed to cover the difference between the value of your car when it is written off, versus the price you paid when you first bought it - ...

See how we rate auto insurance products to write unbiased product reviews. I recently bought a used car, and I ended up getting gap coverage and an extended warranty. If your car is totaled while ...

ALA Insurance’s GAP policies are all 5 star Defaqto rated, meaning they have been independently evaluated to assess the quality of the features and benefits they offer. Whether you’ve bought a ...

Pretty shocking. In such a situation, ALA’s Contract Hire Plus GAP Insurance will pay out the £8,000 shortfall between the market value payout and the outstanding finance bill, leaving you free ...