NOT ALL GAP PROTECTION
IS THE SAME
Since the very first auto insurance policy, many drivers have learned the hard way that a standard auto insurance policy may not provide all the financial protection they need.
Here’s why: When the value of a vehicle is less than the balance of the loan, this is described as being “upside-down” on the loan.
That difference – “GAP” isn’t covered by your regular insurance. But a special kind of protection called “GAP protection” may help to cover the difference. This protection is there for you, even in the event of theft or negative equity.