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.

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 ...

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 ...

I liken GAP (guaranteed asset protection) insurance to being “underwater” with your mortgage — aka, when your home loan is greater than your home is worth. As long as you keep paying your monthly ...

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 ...

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 ...

Our team looked at over 100 of the top auto insurance providers in the U.S., from national providers like USAA, Travelers, and State Farm to regional providers like Erie Insurance. 8,500 Data Points ...