Gap addendum 2026

See details

4.8 out of 5

191 votes

The document outlines the terms and conditions of the APPI Guaranteed Asset Protection (GAP) Contract, which is an agreement between the Buyer and Seller regarding coverage for potential deficiencies in vehicle financing in the event of a Total Loss. It details eligibility, benefits, exclusions, cancellation policies, and privacy disclosures related to personal information collected during the contract process.

Here's how it works

01. Edit your appi gap online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send appi gap insurance via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out gap addendum with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the gap addendum in the editor.
Begin by filling in your personal information, including your name, address, and contact details. Ensure accuracy as this information is crucial for processing.
Next, provide vehicle details such as the VIN, make, model, and current mileage. This section is essential for identifying the specific vehicle covered under the GAP contract.
In the financial agreement section, enter the MSRP/NADA value and amount financed. This helps establish the financial context of your purchase.
Review the acceptance clause carefully. By signing here, you acknowledge that purchasing this GAP contract is voluntary and understand its terms.
Finally, ensure all signatures are completed at the bottom of the form. Both buyer and seller must sign to validate the agreement.

Start using our platform today to fill out your gap addendum easily and for free!

See more gap addendum versions

We've got more versions of the gap addendum form. Select the right gap addendum version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2012	4.8 Satisfied (191 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the gap addendum cost?

To sum up, GAP insurance costs between $20 and $100 per year. The price varies based on factors like your vehicles value, loan amount, insurance provider, etc. If you buy it from a lender or car dealer, the cost can rise to about $400 to $700.

What is a gap amendment?

A gap waiver, also known as a gap addendum, is a supplement that you can add to your auto loan or lease. A gap waiver is a debt cancellation agreement which absolves you from paying the difference between what you owe on the vehicle and what its worth if the vehicle is declared a total loss.

What is a gap addendum for a car?

GAP is an optional product that is intended to cover the difference between the amount you owe on your auto loan and the amount the insurance company pays if your car is stolen or totaled. Standard auto insurance only pays an amount up to the value of your vehicle.

What does a gap contract do?

Guaranteed Asset Protection (GAP) insurance (also known as GAPS) was established in the North American financial industry. GAP insurance protects the borrower if the car is written off or totalled by paying the remaining difference between the actual cash value of a vehicle and the balance still owed on the financing.

What is a gap contract amendment?

GAP (which stands for guaranteed asset protection) is either an addendum that amends your financing agreement or a separate insurance policy that accomplishes the same purpose.

appi gap claim reporting form

GAP addendum number GAP addendum vs GAP insurance Gap addendum requirements Gap addendum cost Gap addendum vs insurance GAP addendum refund Gap addendum california Gap addendum cancellation

Security and compliance

At DocHub, your data security is our priority. We follow HIPAA, SOC2, GDPR, and other standards, so you can work on your documents with confidence.

Learn more

Why didnt gap pay off my car?

Gap insurance wont pay if you dont have comprehensive or collision coverage on your car. These coverages are required for GAP insurance to apply in the event of total loss. If your car is stolen or totaled and you dont have the right coverage, gap insurance wont cover the remaining loan balance.