# Gap Insurance – Add It to Your Auto Policy, Not Your Car Loan

- Source: Money Crashers
- Published: 2026-10-17T11:00:00+00:00
- Category: Markets
- Original: https://www.moneycrashers.com/gap-insurance-auto-policy/
- Canonical: https://groundlevelnews.com/story/gap-insurance-add-it-to-your-auto-policy-not-your-car-loan-9adbee/

Say your $32,000 new car is worth $25,000 a year later, with $29,000 left on the loan. If it’s totaled or stolen then, insurance pays what the car is worth, not what you owe, and the other $4,000 is yours... Source

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