If you've ever spent a Saturday afternoon in a car dealer's financing office, you've probably heard of gap insurance. But maybe you didn't fully know what it meant. If so, you're not alone. In simple ...

If your vehicle gets totaled or stolen and you owe more on the loan than what your car is worth, gap insurance can help. Several factors will determine if gap insurance is worth it for you, including ...

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 ...

There’s nothing quite like the feeling of driving a brand-new car off the lot. The spotless interior, the gleaming paint, the distinctive “new car smell”-it’s a moment of pure excitement. You have ...

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 ...

If you’re like most other entrepreneurs, you’re always seeking to protect your business (and your finances). One way to do that is to purchase gap insurance, a type of coverage that helps pay the ...

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 the car ...

Learn more about what is gap insurance and how it works. When you purchase a new car, you may read over your loan terms and wonder, “What is gap insurance?” Gap insurance is an optional coverage you ...

Dana George has a BA in Management and Organization Development from Spring Arbor University. For more than 25 years, she has written and reported on business and finance, and she's still passionate ...