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?
Answer provided by
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. “
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
How do my medical bills get paid when I'm in a not-at-fault auto accident?
"I have medical payments coverage for $10,000. My car insurance company is saying they can send me the check to pay my bills, and then my health insurance will pay the rest. My health insurance is telling me to have my auto insurance pay the hospital directly, and then they'll pay what's left. Does it matter what I do? Will everyone get paid eventually by the at-fault party?"
May 18, 2021
Is 50/100/50 liability insurance enough coverage in Los Angeles?
I'm a 30-year-old man who lives in Los Angeles. I've never had a speeding ticket or gotten into an accident. I currently have 50/100/50 liability insurance, but I'm not sure if that's enough.
Apr 22, 2021