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Does Vermont Mutual offer gap insurance?

I just got a brand new Jeep Wrangler and want to protect it with gap insurance in the event I’m involved in a collision and it’s totaled. Does Vermont Mutual offer this?

avatar
Melanie Johnson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Congratulations on the new car purchase! We love Jeep Wranglers. Unfortunately, Vermont Mutual does not offer Guaranteed Asset Protection, also known as
GAP insurance
.
You probably already know that gap insurance protects you from paying the price of depreciation in the event of an accident. It covers the difference, or “gap,” between the actual cash value
ACV
of your vehicle and the amount still due on your
car loan
or lease.
Vermont Mutual offers auto and home insurance policies in seven states including
New York
and
Massachusetts
. Vermont Mutual does not offer gap insurance, so you’ll need to switch insurance providers if you wish to purchase it. We suggest comparing
car insurance quotes
from at least three providers to find the best rate.
Popular insurers that offer gap insurance include:
Best of luck to you!
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