GAP (General Asset Protection) is a product that’s designed to protect you should your vehicle ever be a total loss, or stolen.
In many cases a vehicle will not be worth as much as a customer owes at time of loss. This means there is a “GAP” between what your insurance company will pay for the vehicle and what you still owe the bank. GAP protection will make up the difference (based on policy limits) and you won’t have to go out of pocket in the case your vehicle is a total loss.