Loan/Lease Payoff coverage, sometimes called "gap" coverage, pays the difference between what you owe on your vehicle and what your insurance pays if your vehicle is declared a total loss or stolen and not recovered, less your Comprehensive or Collision deductible. Learn more about Loan/Lease Payoff coverage.

Lots of people get this coverage confused with GAP Insurance and even though it shares some similarities, they ARE NOT the same thing.  Loan/Lease Payoff coverage is normally available through your au [..]