Where to find your figures
Request a payoff quote from the lender and use the insurer's estimated net settlement for the same scenario. If the settlement already accounts for the deductible, enter that amount directly.
Auto insurance U.S. insurance
How much of the loan could be left after a total loss?
Enter the payoff quoted by your lender and the net primary insurance settlement. See the balance you could owe before any GAP benefit is applied.
GAP Insurance Shortfall Calculator
Enter figures from your policy, quote, or benefits summary.
Worked example
See what the numbers mean
A $26,500 payoff and a $21,000 net settlement leave a $5,500 shortfall before GAP.
GAP Insurance Shortfall Calculator · gapshortfall.com
The calculator models the pre-GAP balance. Contract limits, excluded charges, and deductible treatment affect the amount a GAP provider may pay.
Your figures stay in this browser. No uploads or account required.
Behind the estimate
Method & sources
How the math works
Subtract the net insurance settlement from the payoff. If the settlement meets or exceeds the payoff, the shortfall is zero.
Worked example
A $26,500 payoff and a $21,000 net settlement leave a $5,500 shortfall before GAP.
What this estimate covers
The calculator models the pre-GAP balance. Contract limits, excluded charges, and deductible treatment affect the amount a GAP provider may pay.
Source notes
Consumer guidance reviewed .
- Consumer Financial Protection Bureau · GAP insurance
The relationship between the outstanding auto loan and the insurer's payment after theft or a total loss.
- Consumer Financial Protection Bureau · Auto loan payoff amount
Why the current lender payoff can differ from the balance shown on a statement.
Before you decide
Common questions
Should I use the balance on my last loan statement?
Use the lender’s current payoff quote. Its amount can differ from the statement balance because the payoff applies to a particular date and may include interest or other charges.
Do I subtract my deductible from the insurer’s payment?
Enter the net primary settlement after applicable deductions. If the insurer’s quoted amount already reflects the deductible, use that figure directly. Your GAP contract determines how a separate benefit treats that deductible.
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