, you’ll need to contact your insurance company to add it. GAP insurance helps cover the difference between what you owe in a car and how much it’s worth. Generally, it comes out to only $20 a year.
It will also help cover you if any of the following happens and totals your car:
. Either of these options might help if your new car gets totaled. Reach out to your insurance company to find out if either of these is right for you and if they offer it.
If your insurance company doesn’t offer gap insurance, shop around! An easy way to find the right coverage and the best deal is with the
app. Choose from competitive quotes from up to 50 top insurance companies and Jerry takes care of the rest—securing your new policy. No long forms. No calling around. No hard work. Just savings. The average Jerry user saves $879 a year on car insurance.”
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.