GAP Insurance Refund Calculator
If your loan ended early, you're likely owed part of your GAP cost back. Free check, about 2 minutes.
The length of your original auto loan, GAP coverage usually matches it.
Most people who paid off or sold their car answer No.
If you're not sure, answer No, unclaimed refunds are exactly what we check for.
No refund, no success fee · See terms for conditions
We are not a law firm, insurer, or lender. Refund eligibility varies by contract, state, and provider. Estimates are not guarantees.
How it works
Five steps. We handle the work, you get the refund. Read the step-by-step guide
Answer a few questions
Tell us what happened: payoff, sale, trade-in, refinance, or total loss.
Provide your contract details
Upload your GAP addendum or enter key fields, and we'll handle the rest.
We calculate your refund
Our system analyzes your contract and state laws to determine your prorated refund.
We prepare & submit your claim
Professional demand letter prepared and sent via email + certified mail on your behalf.
We manage follow-ups & escalation
An automated 14-day follow-up, then a 30-day final notice. Escalation materials prepared when appropriate.
How GAP refunds are calculated
Most GAP refunds use a pro-rata formula: the insurer divides your GAP premium by the total loan term in months, then multiplies by the months remaining when your loan ended. The result is the unused portion of your premium that must be returned to you.
Refund = (GAP cost ÷ original term in months) × months remaining. Example: $800 GAP on a 60-month loan, paid off at month 36, leaves 24 unused months. That works out to about a $320 refund.
Some contracts deduct a small cancellation fee (typically $25 to $75) before issuing the refund, though some states prohibit this fee entirely. Most refunds take 30 to 60 days; some states set legal deadlines.
Are you eligible for a GAP refund?
You're eligible for a GAP refund when you pay off your auto loan early, sell your vehicle, trade it in, refinance, or if the vehicle was totaled (as long as GAP never paid a benefit). Most states require providers to refund the unused portion of your GAP premium on a pro-rata basis.
New to GAP refunds? Learn how a gap insurance refund works and how much you could get back, and see how long does a gap insurance refund take once you submit your request.
Frequently asked questions
How do I calculate my GAP insurance refund?
Divide what you paid for GAP by the original term in months, then multiply by the months remaining when your loan ended. Most contracts refund on this pro-rata basis; some deduct a small cancellation fee.
How much is a typical GAP refund?
Dealer GAP commonly costs $500 to $1,000, so refunds often land between $200 and $600 depending on how early the loan ended.
Do I get a GAP refund if my car was totaled?
If GAP paid a benefit after a total loss, no refund is owed because the coverage did its job. If your loan ended early and GAP never paid anything, the unused portion is refundable.
How long does a GAP refund take?
Most GAP refunds take 30 to 60 days. Some states set legal deadlines: Texas requires action within 60 days of payoff, and California requires automatic refunds within 60 business days for contracts signed since 2023.
Can I file my GAP refund myself?
Yes, you can file a GAP refund yourself for free by finding your administrator on your GAP addendum, sending a written cancellation request with proof your loan ended, and following up if you hear nothing within 30 days.