What is Gap Insurance and Do You Need It? | Argo Insurance

If your car is totaled, standard insurance only pays its current value, not what you owe on your loan. Gap insurance covers the difference.

This reviewed insurance article is part of Argo Insurance's Texas guidance library. Use it as a starting point, then contact a licensed agent for policy-specific advice.

https://www.argotx.com/blog/what-is-gap-insurance