Should You Buy Gap Insurance On New Car May 2026

Most lease agreements actually require GAP insurance (and many include it automatically).

Here is everything you need to know about GAP insurance and whether it’s a smart move for your wallet. What is GAP Insurance? should you buy gap insurance on new car

If you rolled negative equity from an old car loan into your new one, you definitely need coverage. When You Can Skip It You can probably pass on GAP insurance if: Most lease agreements actually require GAP insurance (and