Should You Buy Gap Insurance May 2026

: You bought a luxury vehicle or a model known for losing value quickly.

Consider gap insurance if any of the following apply to your financing or vehicle choice: should you buy gap insurance

: Gap insurance pays the remaining debt to your lender so you aren't stuck paying for a car you no longer own. When You Should Buy It : You bought a luxury vehicle or a

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