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.

Gap insurance: Is it needed when buying a new car? There’s nothing quite like the feeling of driving a brand-new car off the lot. The spotless interior, the gleaming paint, the distinctive “new car ...

View post: Porsche Motorsport North America and K1 Speed are Offering a Path to Real Professional Racing This is part of our Car Buyer’s Glossary series breaking down all the terms you need to know if ...

If you've ever spent a Saturday afternoon in a car dealer's financing office, you've probably heard of gap insurance. But maybe you didn't fully know what it meant. If so, you're not alone. In simple ...

Dana George has a BA in Management and Organization Development from Spring Arbor University. For more than 25 years, she has written and reported on business and finance, and she's still passionate ...

If your vehicle gets totaled or stolen and you owe more on the loan than what your car is worth, gap insurance can help. Several factors will determine if gap insurance is worth it for you, including ...

As it pertains to cars, gap insurance covers the difference between what you owe on your car loan and the actual cash value of your car if it’s totaled in a crash. That “gap” can amount to quite a bit ...

I liken GAP (guaranteed asset protection) insurance to being “underwater” with your mortgage — aka, when your home loan is greater than your home is worth. As long as you keep paying your monthly ...

Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...

If you don’t have a car loan or lease, or if you made a large down payment, you don’t need gap insurance. What to know when purchasing gap insurance You can buy gap insurance through your insurer, ...

These 11 types of car insurance can help cover everything from minor repairs to buying a new car. But which types do you ...

There’s nothing quite like the feeling of driving a brand-new car off the lot. The spotless interior, the gleaming paint, the distinctive “new car smell”-it’s a moment of pure excitement. You have ...