You Buy Gap Insurance: Should

: You drive significantly more than average, which accelerates the car's loss of value. When You Can Skip It You likely do not need gap insurance if: Should You Buy Gap Insurance for Your New Car?

Guaranteed Asset Protection (GAP) insurance covers the "gap" between your car's and your outstanding loan or lease balance . should you buy gap insurance

: You rolled debt from a previous vehicle into your new car loan. : You drive significantly more than average, which

: If your car is stolen or totaled, standard comprehensive insurance only pays the current market value. should you buy gap insurance