is there a insurance that will pay your car off if you die?

Free Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

Asked July 27, 2017

1 Answer


Yes, there is an insurance product called "guaranteed auto protection" or GAP insurance, which can pay off the remaining balance on your car loan if you die before the loan is fully paid off. GAP insurance is typically sold by car dealerships or by insurance companies as an add-on to your car insurance policy. In the event of your death, GAP insurance can cover the difference between the actual cash value of your car (which is typically the amount your insurance company would pay in the event of a total loss) and the amount you still owe on your car loan. This can help ensure that your family or estate is not burdened with the remaining car loan payments after you pass away. It's important to note that GAP insurance is not typically required by law, and it may not be necessary for everyone. If you have paid off your car or if you have enough savings to cover the remaining balance on your car loan in the event of your death, then you may not need GAP insurance. However, if you are concerned about leaving your loved ones with debt in the event of your unexpected passing, GAP insurance may be worth considering.

Answered July 28, 2017 by bluemarlin08

Free Insurance Comparison

Compare quotes from the top insurance companies and save!

secured lock Secured with SHA-256 Encryption