Do companies allow you to add gap insurance after you've purchased your vehicle?

I thought I read somewhere that only a few states offer gap insurance. Is this true? Am I still able to add gap insurance after I've already purchased my vehicle?

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Emily Maracle
Answered on Apr 30, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
“While most lenders and dealerships require that you add on gap insurance at signing, most major car insurance carriers will allow you to add gap insurance after purchase.
Travelers, Allstate, and Progressive are all carriers that offer some form of gap insurance. You may also see it listed as loan/lease coverage.
There are some states that regulate gap insurance through their Department of Insurance and Financial Services, but it shouldn’t impact your ability to get it.
As you shop around for coverage, remember that each carrier has different terms and conditions. Be sure to read over the coverage to be sure it meets your needs. “
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