Do I have to get gap insurance through my current car insurance provider or lender?

Do I have to go through my current lender or insurance company, or can I purchase gap insurance elsewhere? I was thinking about getting gap insurance, but I wasn't sure if I should get it through my car dealer, car insurance, or lender.

“You’re welcome to purchase gap insurance anywhere you want.
Lenders and dealers tend to offer it as one lump sum payment that’s added to your car loan balance. Car insurance companies usually tack on a monthly payment to your premium.
However, you’re free to shop for gap insurance through other providers. There’s no guarantee that it will be cheaper, but it’s worth shopping around on sites like Jerry to see if you can find a better deal.”
Eric Schad
Answered on Jul 21, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.

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.
Let Jerry’s experts help you find savings on your car insurance!
No long forms or spam · Get quotes from 40+ carriers
Find insurance savings (100% Free)
4.7/5 Rating on App Store