PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Can I get a refund for my unused gap insurance after my car was totaled?
My car was totaled and the insurance paid off my loan. My lender said that they were going to reach out to get me a refund for the extended warranty and gap insurance. It looks like I will be getting a refund for the warranty, but I'm still not sure about the gap insurance. Should I contact the company?
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“If it will offer you peace of mind, you can certainly reach out to the
gap insurance
company to get an update. A refund will also depend on the company that you have your insurance with. Every company has different terms and conditions. If you obtained your gap insurance through your dealership, the outcome will depend on how you paid for your gap insurance. If you paid monthly, you typically won’t be eligible for a refund. If you paid a flat fee, you most likely will receive a refund based on the amount of time left on your loan.
If your gap insurance was obtained through your insurance company, you won’t receive a refund for canceling it. However, your monthly payments or premium will be reduced in the future.
“
View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies