Site: nolo.com
... Gap insurance, more accurately called "gap protection," covers the difference between what you owe on ... Do you?
What Is Gap Insurance? ... Why There's a Gap
Negative equity (when your car is worth less than what you owe on it) puts car buyers ... Amount insurance company pays:
$18,500
Gap (loan balance—insurance payment):
$2,080
How Do ... their pricing on auto loans, car dealers tend to charge more for gap protection than some other sources do ... Gap Insurance for Your Car: Do You Need It? ...