Back to Invoice Gap Insurance is a type of coverage that protects you from financial loss if your vehicle is totaled or stolen and you owe more on your loan or lease than the vehicle’s current market value. Unlike standard gap insurance, which only covers the difference between your vehicle’s actual cash value and the remaining loan balance, back to invoice gap insurance covers the full difference between your vehicle’s invoice price (the amount you initially paid) and the insurance payout. This means you can recover the entire amount you originally spent on the vehicle, ensuring you’re not out of pocket for the depreciated value of the car. This type of gap insurance is particularly beneficial if you made a large down payment or if your vehicle depreciates rapidly.