Loan, Lease (Gap) Coverage

Protection that covers the difference in selling price between a vehicle's actual cash value, and the payout left on a lease or loan.

Other users also searched for some of the following glossary words and FAQs.

Similar Glossary Words

• Loan, Lease (Gap) Coverage
• Insurance Score
• Collision Coverage
• Comprehensive Coverage

Similar FAQs

• Will my automobile policy protect a friend or relative if I loan my vehicle to them?
• What happens if I cause a car accident?