Gap insurance protection (also known as Guaranteed Auto Protection or GAP) is an insurance coverage that helps truck owners minimize the financial burden of financing or leasing a vehicle. It is designed to help cover the difference between the amount owed on a vehicle loan or lease and the amount the vehicle is worth if it is totalled or stolen. This coverage can also help cover the cost of a replacement vehicle if the original truck is deemed a total loss.Gap insurance protection helps truck owners in several ways. First, it eliminates the need for them to pay out-of-pocket for a totalled or stolen vehicle if their existing insurance coverage does not fully cover the cost of replacement. Second, replacing a vehicle after an accident or theft relieves some financial burdens. Finally, gap insurance protects against the depreciating value of a vehicle over time. It helps to ensure that truck owners can get a fair market value for their vehicle if it is damaged or destroyed.