Does GAP insurance give you money for a new car?

GAP insurance does not give you money for a new car. GAP car insurance covers the remaining amount you owe on your car loan or lease agreement after your vehicle is totaled in an accident. Drivers who are financing or leasing a vehicle will benefit from GAP auto insurance. Get free quotes for GAP insurance below with our free comparison tool.

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UPDATED: Jun 29, 2022

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