Credit shortfall insurance, also called Top-up or Gap insurance, exists to cover the difference between your vehicle's retail value (usually the amount the car is insured for) and the amount you owe on your vehicle loan (settlement amount).
Credit shortfall insurance, also called Top-up or Gap insurance, exists to cover the difference between your vehicle's retail value (usually the amount the car is insured for) and the amount you owe on your vehicle loan (settlement amount).