Gap insurance, also known as Guaranteed Asset Protection, is a specialized insurance product designed to cover the difference between the outstanding loan balance on a vehicle and its current market ...

NEW ORLEANS, LOUISIANA, UNITED STATES, January 2, 2024 /EINPresswire.com/ -- In an era marked by the prevalence of loans on depreciating assets such as cars ...

I liken GAP (guaranteed asset protection) insurance to being “underwater” with your mortgage — aka, when your home loan is greater than your home is worth. As long as you keep paying your monthly ...