Gap Insurance Calculator
Find out if you need gap insurance by calculating the difference between what you owe on your car and what it's actually worth.
20-30%
1st Year Depreciation
$5,000+
Avg. Gap at Risk
~$150
Avg. Annual Cost
Enter your vehicle and financing information
Depreciation rate varies by type
Enter Your Details
Enter your vehicle and loan details to see if you need gap insurance.
About Gap Insurance
Gap insurance covers the difference between your car's value and loan balance if your car is totaled or stolen.
What is Gap Insurance?
The Problem
New cars depreciate 20-30% in the first year. If your car is totaled or stolen, insurance pays the current market value—not what you owe on your loan.
The Solution
Gap insurance covers the difference between your car's value and your loan balance, so you're not stuck paying for a car you can no longer drive.
Protect Your Investment
Compare auto insurance quotes with gap coverage and get the protection you need.
Get Free Quotes