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 owe more than the car is worth and your full coverage car insurance policy pays out the vehicle’s actual cash value after an accident, you may be stuck with an outstanding debt. But if you ...

Gap insurance, also known as Guaranteed Asset Protection, is a specialized insurance product designed to cover the difference between the outstanding loan balance on a vehicle and its current market ...

As it pertains to cars, gap insurance covers the difference between what you owe on your car loan and the actual cash value of your car if it’s totaled in a crash. That “gap” can amount to quite a bit ...

The moment you drive your new vehicle off the dealership lot, it goes down in value — a trend that continues over the life of the car. This can present a difficult situation in the event your vehicle ...

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 ...

Gap insurance is specifically designed for drivers with outstanding loan balances on their vehicles. It is typically only available for brand-new vehicles or for models that are less than three years ...

Gap health insurance helps pay for costs not covered by your main health insurance plan. Find Cheap Health Insurance in Your Area Gap insurance is supplemental medical coverage that's usually used to ...

Hazel Simpson says she hasn’t had control over her plummeting credit score since her gap insurance company denied her claim. “My credit at the time was 757 today it’s 482, I cannot even look at my ...