If your car is stolen or damaged beyond repair, GAP insurance pays for the difference between the settlement from your car insurance and, one of the following:
Why would you possibly need GAP insurance? We explain in our Who needs GAP? section.
There are lots of different GAP Insurance providers, most of whom offer 3 different types of GAP insurance! It can seem quite confusing:
It depends on your circumstances, and your car, as to which policy will be available.