Gap insurance can pay out if the balance on your car loan is larger than the amount your insurance company will pay if your ...

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 ...

Gap automobile insurance is an often overlooked yet essential component of comprehensive car insurance coverage. While it may ...

(WHTM)– If your car was totaled, how much would your insurance pay you? Many drivers learn the answer is: not enough. I parked right under this camera, right over here,” Spencer Kid says, as he shows ...

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 ...

A car is declared a total loss, or "totaled," when the estimated cost of repairs is more than its Actual cash value (ACV).

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 ...

Gap insurance is an option that should be considered by drivers who owe more on their car than its current market value. Drivers can find out how much their cars are worth by visiting sites like Kelly ...

You’re at the dealership, going through all of the paperwork and financing before you finally get your keys. There are a lot of unfamiliar terms being tossed around when they ask if you want gap ...

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 ...