Advanced · auto · 3 min

GAP insurance worth-it calculator

Compare loan payoff vs vehicle ACV and GAP cost to see when negative-equity protection is worth a closer look.

Educational only. PolicyPlain does not sell insurance and does not provide insurance, legal, or financial advice. Coverage rules and prices vary by state and insurer. Read our full disclaimer.

Step 1 of 3· Loan & car

33%

Loan & car
GAP cost
Result

Is the vehicle financed or leased?

Remaining loan / lease payoff

Estimated actual cash value (ACV)What collision/comprehensive might pay before deductible

Comp/collision deductible

How to use results

Treat numbers as educational ranges, not bindable quotes.
Download the Excel decision pack for your exact inputs, outputs, checklist, and matched guides—or use Copy results / Print / save PDF before you close the tab.
Pair with a guideline for the buying process.

Methodology

Models use transparent formulas (DIME, premium multipliers, weighted checklists). Read the full methodology page.