Should You Buy Gap — Insurance

Consider gap insurance if any of the following apply to your financing or vehicle choice:

: Your repayment period is 60 months or longer . should you buy gap insurance

: You put down less than 20% of the car's price. Consider gap insurance if any of the following

: If your car is stolen or totaled, standard comprehensive insurance only pays the current market value. should you buy gap insurance

: You bought a luxury vehicle or a model known for losing value quickly.

: You rolled debt from a previous vehicle into your new car loan.