Hazel Simpson says she hasn’t had control over her plummeting credit score since her gap insurance company denied her claim. “My credit at the time was 757 today it’s 482, I cannot even look at my ...

Insurance companies pay the depreciated value of your car if it’s totaled or stolen, which might be less than your car loan balance. Gap insurance can cover the difference between the vehicle’s value ...

Gap insurance can pay out if the balance on your car loan is larger than the amount your insurance company will pay if your car is totaled Written By Written by Insurance Staff Writer, WSJ | Buy Side ...