Yes, gap insurance is worth it for many drivers, particularly those who finance or lease their vehicles. This coverage helps bridge the gap between the amount you owe on your car loan or lease and its actual cash value if the vehicle is totaled or stolen. Since cars depreciate quickly, you might end up owing more than your car is worth, especially in the early years of ownership. Without gap insurance, you’d have to pay the difference out of pocket, which can be a significant financial burden. By investing in gap insurance, you protect yourself from this risk, ensuring you’re not left with a hefty debt after a total loss. For many, this added peace of mind and financial protection makes gap insurance a valuable addition to their auto insurance policy.