GAP Insurance Refund: Car Paid Off

GAP - or Guaranteed Auto Protection Insurance covers the remaining amount on your car loan if your car is totaled before you pay it off. If you pay off your car loan, you may receive a GAP insurance refund. Obtain the documents that show you’ve paid off your loan and show them to your insurance company to receive your GAP insurance refund.

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UPDATED: Jun 29, 2022

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