What Happens If You Total Your Car With No Gap Insurance?

If your car is totaled and you don’t have gap insurance, you are responsible for paying the lender the full amount owed on your loan.

Getting in an accident can be traumatic enough—if you’re upside-down on a car loan and don’t have gap insurance, it’s even worse. The car insurance experts at Jerry know that's why it’s so important to have the right coverage on your car insurance policy. Check out our video for everything you need to know about what to do if your car is totaled with no gap insurance.

Everything else you need to know👇

The Jerry app is currently saving customers money on car insurance and auto refinancing. Here at Jerry, we think owning a car should be as easy as taking a drive. Our mission is to make it really easy for people to save time and money on car expenses.

[raigledsosmith]

I currently don't have GAP insurance on my vehicle. Can I get one now .?

[godswarrior]

So why would my lender send back my remaining balance to the gap company... Am I not to get the balance