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GAP Insurance is also known as Guaranteed Auto Protection or Guaranteed Asset Protection and as GAP within the North American financial industry. GAP insurance covers the difference between the actual cash value of a vehicle and the balance still owed on the financing (car loan, lease, etc. -- Wikipedia

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Protect yourself from financial loss with comprehensive GAP insurance cover. Bridge the gap between your car s market value and what you owe on your finance agreement in case of theft or write-off. Find the right coverag
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GAP insurance helps bridge the gap between what your car is worth and what is still owed on your auto loan, but in certain situations this cover does not pay out.
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