GAP Insurance Claim by State

GAP (Guaranteed Asset Protection) insurance covers the difference between what your insurer pays after a total loss and what you still owe on the loan. Cost, cancellation refund rules, and claim steps vary by state. Select your state below.

Featured States

California Texas Florida New York Ohio

Find Your State

What Every GAP Insurance State Page Covers

What GAP covers and when it pays out after a total loss
Average cost and whether to buy from a dealer or direct
Cancellation and prorated refund rules under state law
Step-by-step claim filing process and required documents
What GAP does NOT cover (deductible, late payments, prior negative equity)
Whether GAP is worth it based on loan-to-value ratio

Trusted by private vehicle sellers nationwide

45% faster sale

Vehicles whose listings include a history report spend ~45% less time on site before selling, and report-viewers are 5x more likely to become a lead.

Source: Experian / AutoCheck

$4,000 avg loss

NHTSA estimates 450,000+ vehicles per year are sold with rolled-back odometers — the average victim loses about $4,000 in downstream repair costs.

Source: NHTSA

17.5M private sales/yr

About 17.5 million private-party vehicle transactions happen in the U.S. each year — roughly 47% of the used market.

Source: Cox Automotive 2024

1 in 3 buyers

Roughly 1 in 3 used-car buyers say they suspect private sellers are hiding mechanical problems — documentation closes that trust gap.

Source: JW Surety Bonds (n=3,000)

$60–$85 mobile notary

Mobile notary visit minimums run $60–$85 — higher on weekends, plus per-mile travel fees. State-formatted documents skip the trip.

Source: Thumbtack / NNA