Gap insurance is often included in car leasing agreements but not always. Many leasing companies automatically include it as part of the lease contract to protect themselves and the lessee in case the vehicle is totaled or stolen. Gap insurance covers the difference between the car’s remaining lease balance and its actual cash value if an accident occurs. However, some lease agreements do not include gap insurance, requiring the lessee to purchase it separately through the leasing company, their auto insurer, or a third-party provider. It is essential to review the lease contract to confirm whether gap insurance is included and, if not, determine if it is necessary based on the depreciation rate of the leased vehicle. While some states may have regulations requiring lessors to disclose the presence or absence of gap coverage, it ultimately depends on the leasing company’s policies and terms. Always verify the lease agreement details.