Protect your finances with gap insurance by covering the difference between your car's value and loan balance in case of ...

If your car’s actual cash value is more than the balance of your loan, you no longer need gap insurance because there is no ...

When I was 18 years old, I bought a car—a very reasonable, dependable $7,000 Buick Century. While this could have been the start of a lovely story, it quickly became a nightmare: A few months after ...

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 ...

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 ...

How does GAP insurance work? If your car is written off or stolen, your insurer will only cover its value at the time of the ...

This is part of our Car Buyer’s Glossary series breaking down all the terms you need to know if you’re buying a new or used car from a dealership. Gap insurance is tied very closely to another, ...

NEWBURGH, Orange County (WABC) -- If you've bought a new car chances are the dealership may have given you the hard sell on something called gap insurance. If you've financed the purchase, and your ...

You're driving off the lot in a new car — but the second you do, its value starts to drop. If you get into an accident or your car gets stolen in the first year or two, your auto insurance might not ...

What exactly is gap insurance? Do you need it? If you're in an accident and your car is totaled, your insurance company will replace your vehicle, right? Not necessarily. This is an important question ...

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With insurance rates on the rise tracking with costs of repairs and interest rates, making decisions about how to protect an investment as large as a vehicle can seem a daunting, intimidating task for ...