Offered through the American Assurance Corporation, the Guaranteed Auto Protection (GAP) program will cover the difference between the outstanding loan balance at the time of the loss and the current ...

Learn how gap insurance protects you financially by covering the difference between your car's value and what you owe in case of total loss. Discover when to buy it.

Cheap Insurance reports that gap insurance can be essential for new car buyers to cover the financial gap between owed loan and actual cash value after a total loss, especially in cases of low down ...

Guaranteed Auto Protection insurance typically is purchased for a one-time premium when you buy your vehicle, or it may be rolled into the amount of your loan. It will cost you anywhere from $100 to 4 ...