What is GAP Insurance On a Car?

Tiny car with insurance documents

During the car-buying process, you’ll have the option to opt for GAP insurance at our finance center. But what is GAP insurance on a car? GAP insurance stands for Guaranteed Asset Protection and can provide you with added security should anything come up when you’re driving around Queens. So to answer, “What is GAP insurance?” GAP insurance is an additional insurance offering available to you when you purchase a vehicle with an automotive loan lender. GAP insurance covers the difference between the value of your vehicle and the amount you owe on your vehicle’s loan.

It’s a great option and should be something you consider since your vehicle can depreciate as soon as you drive off the dealership lot. When you’re getting automotive financing at Bay Ridge Volkswagen, we’ll be sure to offer you GAP insurance on your vehicle. Otherwise, if you choose to go to another lending institution around Staten Island, we suggest you make sure to confirm the answer to “What is GAP insurance on a car?” and verify that it’s offered. For more information on “What is GAP insurance?” continue reading on!

What is GAP Protection?

You might be wondering, “What is GAP protection?” GAP protection is technically interchangeable with the term “GAP insurance.” This means that it also has the same answer as the question, “What is GAP insurance?” With that being said, GAP protection technically doesn’t just provide you with security on your Bronx travels. It only costs as little as $20 a year and can provide you with added protection from:

  • Theft
  • Vandalism
  • Accidents
  • Natural damages (tornado, fire, flood, etc.)

Keep in mind that GAP insurance protection can vary depending on the specific coverage you have. It’s best to check with your lender or GAP insurance provider for detailed information. Additionally, GAP insurance is not a replacement for standard auto insurance and will not cover mechanical repairs, bodily injuries, or even your deductible. 

Get More Finance & Insurance Information Today at Bay Ridge Volkswagen!

If you’re still wondering, “What is GAP protection?” you’re more than welcome to stop by our Brooklyn dealership for more information. The team at Bay Ridge Volkswagen is more than happy to assist you and answer any questions you may have. We’ve got plenty of knowledge and we’re looking forward to sharing more finance and insurance information with you. Please get in touch with us today for assistance!


More from Bay Ridge Volkswagen

  • 2022 Volkswagen Taos Configurations

    The 2022 Volkswagen Taos is here to make your Queens commute exciting again. It features an exterior design that’s easy to fall in love with and an interior that has plenty to offer. Not to mention the new Volkswagen Taos has more than enough performance to keep up with traffic. But, what really makes the…

  • Volkswagen Passat Accessories

    The Volkswagen Passat is a versatile sedan with plenty of features for Queens drivers to enjoy. Whether you plan on using your Volkswagen Passat as a daily driver around town or it’s going to be your weekend warrior, the Volkswagen Passat is ready for any Staten Island occasion. Although the Volkswagen Passat for sale at our…

  • 2021 Volkswagen Jetta Interior

    The 2021 Volkswagen Jetta provides an exterior design that’s both sophisticated and sporty. Not to mention the performance it offers on the Queens streets is also nothing to scoff at. With incredible fuel efficiency and an eager-to-please attitude, the new Volkswagen Jetta is a fantastic contender in the sedan segment. With so much to offer…

Saved Vehicles


You don't have any saved vehicles!

Look for this link on your favorites:


Once you've saved some vehicles, you can view them here at any time.

Contact Us


Call Now

8910 4th Avenue • Brooklyn, NY 11209

Get Directions

Today's Hours:

Open Today! Sales: 9am-6pm

Open Today! Service: 8:30am-3pm

Open Today! Parts: 8:30am-3pm

Bay Ridge Volkswagen 40.620234, -74.0318654.