Insurance Confidence Center
Insurance Confidence Center
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Your Vehicles

Auto Loan/Lease Gap Check

If your car were totaled today, would the insurance check cover what you still owe?

Calibrate

Drag to set each value — estimates are fine.

What you would owe the lender today to close out the loan or lease.

A KBB/Edmunds figure works. Leave blank to estimate from year and original price.

Sometimes bundled with the loan, sometimes an auto-policy endorsement.

I

ICC Team

Insurance Confidence Center

A number is a starting point. Walking through what it means for your actual policy is the part that changes anything.

What this means for you

Get a plain-English summary of your reading.

Levers that move this

  • Loan or lease payoff amount
  • Current market value, if known
  • Model year (for the estimate)
  • Original purchase price (for the estimate)
  • Do you carry gap or loan/lease-payoff coverage?

Drag these dials above to see the effect instantly.

Get the full write-up

The assumptions behind the figure, the method, and the disclosures that go with it.

How this is calculated — the full method, sources and limits →