Awasome What's The Difference Between Gap Insurance And Full Coverage 2022. Gap insurance pays the difference between the actual cash value of a vehicle and the loan or lease balance, if the car is totaled or stolen. If you have gap insurance, this replacement would also be covered,.
Gap insurance, sometimes called loan/lease coverage, covers the difference between what you owe and the value of your totaled or stolen vehicle. The difference between gap insurance and full coverage. It also usually covers property damage or.