{"id":1882,"date":"2024-11-07T02:28:17","date_gmt":"2024-11-07T10:28:17","guid":{"rendered":"\/wp-site\/?p=1882"},"modified":"2025-02-27T06:04:00","modified_gmt":"2025-02-27T14:04:00","slug":"does-aaa-have-gap-insurance","status":"publish","type":"car-insurance","link":"https:\/\/jerry.ai\/car-insurance\/does-aaa-have-gap-insurance\/","title":{"rendered":"Does AAA Offer Gap Insurance?"},"content":{"rendered":"\n<p>AAA offers <a href=\"\/car-insurance\/gap-insurance\/\">gap insurance<\/a> in 23 states and D.C. It costs a flat fee of $399, except in Colorado, and you must buy it when you take out your loan.<\/p>\n\n\n\n<p>Here are the states where you can get <a href=\"\/reviews\/car-insurance\/aaa\/\">AAA<\/a> gap insurance:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><a href=\"\/car-insurance\/colorado\/\">CO<\/a><\/td><td><a href=\"\/car-insurance\/delaware\/\">DE<\/a><\/td><td><a href=\"\/car-insurance\/washington-dc\/\" data-type=\"car-insurance\" data-id=\"45669\">DC<\/a><\/td><td><a href=\"\/car-insurance\/florida\/\">FL<\/a><\/td><\/tr><tr><td><a href=\"\/car-insurance\/georgia\/\">GA<\/a><\/td><td><a href=\"\/car-insurance\/illinois\/\">IL<\/a><\/td><td><a href=\"\/car-insurance\/indiana\/\">IN<\/a><\/td><td><a href=\"\/car-insurance\/iowa\/\">IA<\/a><\/td><\/tr><tr><td><a href=\"\/car-insurance\/kentucky\/\">KY<\/a><\/td><td><a href=\"\/car-insurance\/maryland\/\">MD<\/a><\/td><td><a href=\"\/car-insurance\/michigan\/\">MI<\/a><\/td><td><a href=\"\/car-insurance\/minnesota\/\">MN<\/a><\/td><\/tr><tr><td><a href=\"\/car-insurance\/nebraska\/\">NE<\/a><\/td><td><a href=\"\/car-insurance\/north-carolina\/\">NC<\/a><\/td><td><a href=\"\/car-insurance\/north-dakota\/\">ND<\/a><\/td><td><a href=\"\/car-insurance\/ohio\/\">OH<\/a><\/td><\/tr><tr><td><a href=\"\/car-insurance\/oklahoma\/\">OK<\/a><\/td><td><a href=\"\/car-insurance\/pennsylvania\/\">PA<\/a><\/td><td><a href=\"\/car-insurance\/south-carolina\/\">SC<\/a><\/td><td><a href=\"\/car-insurance\/south-dakota\/\">SD<\/a><\/td><\/tr><tr><td><a href=\"\/car-insurance\/tennessee\/\">TN<\/a><\/td><td><a href=\"\/car-insurance\/virginia\/\">VA<\/a><\/td><td><a href=\"\/car-insurance\/west-virginia\/\">WV<\/a><\/td><td><a href=\"\/car-insurance\/wisconsin\/\">WI<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>AAA does not offer gap insurance in <a href=\"\/car-insurance\/california\/\">California<\/a>, <a href=\"\/car-insurance\/texas\/\">Texas<\/a> or <a href=\"\/car-insurance\/new-york\/\">New York<\/a>, but you can buy it from other insurers or dealerships.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-much-is-gap\">How much is AAA gap insurance?<\/h2>\n\n\n\n<p>Gap insurance costs $399 except in Colorado, where it\u2019s $299.<\/p>\n\n\n\n<p>You are only eligible to buy gap insurance at the time you originate your <a href=\"\/car-loan\/\">auto loan<\/a>. Additionally, these conditions must be met:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Vehicle must be ten years old or newer.<\/li>\n\n\n\n<li>Vehicle cannot be reconditioned.<\/li>\n\n\n\n<li>Requested loan amount must be $5,000 or greater.<\/li>\n<\/ul>\n\n\n\n<p>Gap insurance might be a contractual requirement for leased vehicles.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-does-gap-work\">How does gap insurance work with AAA?<\/h2>\n\n\n\n<p>Gap insurance stands for Guaranteed Asset Protection, and is an optional, add-on policy that helps you avoid owing money in these situations:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your car gets totaled or stolen.<\/li>\n\n\n\n<li>You have a loan on the car.<\/li>\n<\/ul>\n\n\n\n<p>When these incidents happen, your insurance payout might be less than how much you owe. Here\u2019s a scenario.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You buy a new car and finance $25,000 in January.<\/li>\n\n\n\n<li>By August, your loan balance is $22,000 after making regular payments.&nbsp;<\/li>\n\n\n\n<li>Your car&#8217;s market value has depreciated to $18,000.<\/li>\n\n\n\n<li>In the same month, your car is <a href=\"\/car-insurance\/totaled-car\/\" data-type=\"car-insurance\" data-id=\"22547\">totaled<\/a> in an accident. Your auto insurance company determines the car&#8217;s <a href=\"\/car-insurance\/actual-cash-value-acv\/\" data-type=\"car-insurance\" data-id=\"59425\">actual cash value<\/a> (ACV) is $18,000 and offers this amount.<\/li>\n<\/ul>\n\n\n\n<p>Without gap insurance, you still owe $4,000 on the loan ($22,000 loan balance minus the $18,000 insurance payout). With gap insurance, it covers the $4,000 gap, ensuring you don&#8217;t owe anything out of pocket.<\/p>\n\n\n\n<p>This means that if the ACV of your vehicle at the time it\u2019s declared a total loss by the insurance company is less than what you still owe on the financing or leasing agreement, gap insurance will cover the difference.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Does AAA offer vehicle loan\/lease protection endorsement?<\/h3>\n\n\n\n<p>AAA does not offer loan or lease payoff coverage to assist with loan costs \u2014 only gap insurance will do that. Some insurers, like <a href=\"\/reviews\/car-insurance\/progressive\/\">Progressive<\/a>, offer an alternative add-on policy known as loan\/lease payoff coverage which functions almost in the same way that gap insurance does.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-to-find-the-best-gap\">How to find the best gap insurance<\/h2>\n\n\n\n<p>Not all major insurance companies offer gap insurance, <a href=\"\/reviews\/car-insurance\/geico\">Geico<\/a> being a prime example. If you want to purchase gap insurance to keep your new car safe, AAA can offer you some competitive quotes \u2014 but consider comparing AAA\u2019s rates to a few other providers before you make a final decision.<\/p>\n\n\n\n<div class=\"wp-block-jerry-cta\"><div class=\"flex flex-col items-start gap-4 rounded-xl border border-zinc-200 px-12 py-8 md:flex-row md:items-center md:gap-14\"><div class=\"flex-1\"><span class=\"text-xl font-black text-gray-900\">SIMPLIFY YOUR CAR INSURANCE IN MINUTES<\/span><\/div><div class=\"flex-1\"><a href=\"\/signup\/insured?service=insurance\" class=\"bg-primary block w-full rounded-full px-14 py-2 text-center font-black text-white hover:no-underline\">Find savings now<\/a><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-jerry-meet-experts\" data-wp-interactive=\"jerry\/meet-experts\" data-wp-context=\"{&quot;modalVisible&quot;:false}\">\n  <div class=\"font-circular text-2xl font-extrabold text-slate-900\">Expert-driven. Built for you.<\/div>\n\n  <div class=\"my-3\">\n    <div class=\"flex justify-between items-center py-3 border-b border-neutral-200 cursor-pointer font-semibold text-gray-900\" data-wp-on-async--click=\"actions.toggleModal\">\n  <button class=\"text-left text-base\" type=\"button\">\n    Why you can count on Jerry&#8217;s articles  <\/button>\n\n  <div class=\"transition data-[visible=true]:md:rotate-180 text-xs iconify i--chevron-down text-gray-500\" data-wp-bind--data-visible=\"context.modalVisible\"><\/div>\n<\/div>\n<div class=\"modal-backdrop fixed bottom-0 left-0 right-0 top-0 z-50 overflow-hidden overscroll-contain bg-black\/70 font-body transition-transform delay-100 duration-0 md:relative md:z-auto [&amp;:not([data-visible=true])]:translate-y-full [&amp;:not([data-visible=true])]:bg-black\/0 [&amp;:not([data-visible=true])]:md:hidden\" data-wp-init=\"callbacks.onModalInit\" data-wp-on-async--click=\"actions.hideModal\" data-wp-bind--data-visible=\"context.modalVisible\">\n  <div class=\"modal-view fixed bottom-0 left-0 right-0 flex max-h-[75%] w-full flex-col rounded-t-3xl bg-white pb-7 pl-7 pt-3.5 transition md:relative md:rounded-none md:pl-0 md:transition-none [&amp;:not([data-visible=true])]:translate-y-full [&amp;:not([data-visible=true])]:md:hidden\" data-wp-bind--data-visible=\"context.modalVisible\">\n    <div class=\"modal-header md:hidden flex justify-between items-center pb-1 mb-1 border-b border-zinc-200\">\n      <div class=\"modal-title text-base font-semibold\">Summary<\/div>\n\n      <div\n        class=\"modal-close-btn wp-block-group w-11 h-11 mr-2.5 content-center text-center\"\n        data-wp-on-async--click=\"actions.hideModal\"\n      >\n        <div class=\"iconify i--close text-gray-500 cursor-pointer\"><\/div>\n      <\/div>\n    <\/div>\n\n    <div class=\"modal-body pr-7 overflow-y-auto\"><div class=\"wp-block-template-part\"><div class=\"flex flex-row items-center gap-2.5 rounded-lg bg-gray-pink px-4 py-5\">\n  <span class=\"iconify mt-0.5 shrink-0 self-start text-xs text-primary i--shield-check\"><\/span>\n\n  <div>\n    <div class=\"font-body text-xs font-bold text-primary\">Our goal is clear, trustworthy information.<\/div>\n    <div class=\"mt-1 font-body text-xs text-gray-600\">\n      Our content is created, edited and fact checked by a team of licensed insurance agents, automotive pros and\n      experienced journalists who know the industry inside and out. Facts are thoroughly researched, verified and kept\n      current, and our editorial team is separate from our business partners, so our opinions &#038; tips are unbiased. All\n      insights drawn from Jerry\u2019s proprietary, aggregated customer auto insurance quotes data provide unique, real-world\n      guidance.\n    <\/div>\n  <\/div>\n<\/div>\n<\/div><\/div>\n  <\/div>\n<\/div>\n  <\/div>\n\n  <div class=\"text-base font-semibold text-gray-900\">Our experts<\/div>\n\n  <div class=\"my-8 flex flex-col gap-8 items-center justify-center\">\n          <div\n        class=\"meet-experts-item group relative flex h-auto w-full flex-none flex-col justify-between overflow-hidden rounded-3xl py-9 text-sm shadow-variant-card\"\n        data-expand=\"false\"\n        data-wp-init=\"callbacks.onItemInit\"\n      >\n        <div class=\"grid h-full w-full grid-cols-1 overflow-hidden px-8 md:grid-cols-4\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"\/wp-content\/uploads\/2024\/11\/Xuyun.png\" class=\"size-16 rounded-full md:size-32 col-span-1 md:ml-4\" alt=\"meet-experts-thumbnail\" srcset=\"\/wp-content\/uploads\/2024\/11\/Xuyun.png 250w, \/wp-content\/uploads\/2024\/11\/Xuyun-150x150.png 150w, \/wp-content\/uploads\/2024\/11\/Xuyun-56x56.png 56w, \/wp-content\/uploads\/2024\/11\/Xuyun-120x120.png 120w\" sizes=\"auto, (max-width: 346px) 260px, (max-width: 576px) 432px, (max-width: 720px) 540px, (min-width: 720px) 250px, 100vw\" fetchpriority=\"low\"\/>\n          <div class=\"col-span-3\">\n            <div class=\"my-4 flex-1 content-center font-circular text-lg font-medium text-slate-900 md:mt-0\">\n              Xuyun Zeng            <\/div>\n\n            \n            <div class=\"text-slate-500 mt-2 leading-6\">\n              <p>Xuyun Zeng is a writer and editor with a wide-ranging content background including tech, journalism, cars and health care. After graduating with highest honors in journalism, Xuyun led a newspaper to win eight awards, helped start an award-winning film industry podcast and has written over a hundred articles about cars repair, state laws and insurance. Prior to joining Jerry, Xuyun worked as a freelance SEO consultant with a mission to create the best content that will help readers and grow organic traffic.<\/p>            <\/div>\n          <\/div>\n        <\/div>\n\n        <div class=\"absolute hidden group-data-[expand=true]:flex bottom-0 w-full h-24 bg-gradient-to-t from-white from-30% to-transparent to-100% items-end justify-center\">\n          <div\n            class=\"flex cursor-pointer flex-row items-center gap-2 my-4 font-circular text-primary\"\n            data-wp-on-async--click=\"actions.onItemExpandClick\"\n          >\n            <span class=\"text-sm\">See more<\/span>\n            <span class=\"iconify i--chevron-down text-xs\"><\/span>\n          <\/div>\n        <\/div>\n      <\/div>\n          <div\n        class=\"meet-experts-item group relative flex h-auto w-full flex-none flex-col justify-between overflow-hidden rounded-3xl py-9 text-sm shadow-variant-card\"\n        data-expand=\"false\"\n        data-wp-init=\"callbacks.onItemInit\"\n      >\n        <div class=\"grid h-full w-full grid-cols-1 overflow-hidden px-8 md:grid-cols-4\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"\/wp-content\/uploads\/2024\/09\/Kevin-Berry.png\" class=\"size-16 rounded-full md:size-32 col-span-1 md:ml-4\" alt=\"meet-experts-thumbnail\" srcset=\"\/wp-content\/uploads\/2024\/09\/Kevin-Berry.png 250w, \/wp-content\/uploads\/2024\/09\/Kevin-Berry-150x150.png 150w, \/wp-content\/uploads\/2024\/09\/Kevin-Berry-56x56.png 56w, \/wp-content\/uploads\/2024\/09\/Kevin-Berry-120x120.png 120w\" sizes=\"auto, (max-width: 346px) 260px, (max-width: 576px) 432px, (max-width: 720px) 540px, (min-width: 720px) 250px, 100vw\" fetchpriority=\"low\"\/>\n          <div class=\"col-span-3\">\n            <div class=\"my-4 flex-1 content-center font-circular text-lg font-medium text-slate-900 md:mt-0\">\n              Kevin Berry            <\/div>\n\n            \n            <div class=\"text-slate-500 mt-2 leading-6\">\n              <p>Kevin Berry is the Senior Director of Content at Jerry and has been working in the digital content space since 2011 across the car insurance\/repair, personal finance, travel and sports industries. Prior to Jerry, Kevin was a content team lead at NerdWallet overseeing the Multimedia Production and Travel Rewards teams. Previously, he worked for NBC Sports, Comcast Cable and Nike. He has a Master`s Degree from Arkansas State and a Bachelor`s from Oregon State University.<\/p>            <\/div>\n          <\/div>\n        <\/div>\n\n        <div class=\"absolute hidden group-data-[expand=true]:flex bottom-0 w-full h-24 bg-gradient-to-t from-white from-30% to-transparent to-100% items-end justify-center\">\n          <div\n            class=\"flex cursor-pointer flex-row items-center gap-2 my-4 font-circular text-primary\"\n            data-wp-on-async--click=\"actions.onItemExpandClick\"\n          >\n            <span class=\"text-sm\">See more<\/span>\n            <span class=\"iconify i--chevron-down text-xs\"><\/span>\n          <\/div>\n        <\/div>\n      <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>You can purchase gap insurance through AAA in 20+ states and D.C. if you meet eligibility requirements.<\/p>\n","protected":false},"author":19,"featured_media":53814,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"single-advice","meta":{"jerry_authors":"[{\"id\":\"39\",\"type\":\"main-author\"},{\"id\":\"187\",\"type\":\"editor\"}]","jerry_author_ids":[39],"jerry_idx_page_label":"","jerry_meta_desc":"You can purchase gap insurance through AAA in 20+ states and D.C. if you meet eligibility requirements.","jerry_related_posts":"[7471,32443,26931,30002,22405]","jerry_summary":"","inline_featured_image":false,"_lmt_disableupdate":"yes","_lmt_disable":"","footnotes":""},"categories":[],"tags":[43,31,198],"class_list":["post-1882","car-insurance","type-car-insurance","status-publish","has-post-thumbnail","hentry","tag-aaa","tag-car-insurance","tag-gap-insurance"],"_links":{"self":[{"href":"https:\/\/jerry.ai\/wp-json\/wp\/v2\/car-insurance\/1882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jerry.ai\/wp-json\/wp\/v2\/car-insurance"}],"about":[{"href":"https:\/\/jerry.ai\/wp-json\/wp\/v2\/types\/car-insurance"}],"author":[{"embeddable":true,"href":"https:\/\/jerry.ai\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/jerry.ai\/wp-json\/wp\/v2\/comments?post=1882"}],"version-history":[{"count":9,"href":"https:\/\/jerry.ai\/wp-json\/wp\/v2\/car-insurance\/1882\/revisions"}],"predecessor-version":[{"id":62033,"href":"https:\/\/jerry.ai\/wp-json\/wp\/v2\/car-insurance\/1882\/revisions\/62033"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jerry.ai\/wp-json\/wp\/v2\/media\/53814"}],"wp:attachment":[{"href":"https:\/\/jerry.ai\/wp-json\/wp\/v2\/media?parent=1882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jerry.ai\/wp-json\/wp\/v2\/categories?post=1882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jerry.ai\/wp-json\/wp\/v2\/tags?post=1882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}