---
id: department-0022
title: "What are protection products and GAP insurance?"
category: department
subtopic: finance-protection
page_type: department
source_url: "https://www.castlechevymchenry.com"
tags: ["finance", "protection", "gap", "insurance"]
questions:
  - "What is GAP insurance?"
  - "Do I need vehicle protection products?"
  - "What does GAP cover?"
  - "Should I buy extended warranties?"
related: [finance-overview]
dealer: Castle Chevrolet McHenry
---

Protection products like GAP (Guaranteed Asset Protection) insurance and extended warranties give you peace of mind. **GAP insurance** covers the difference between what you owe on your loan and your vehicle's value if it's totaled or stolen-protecting you if the vehicle is worth less than your loan balance.

**Extended warranties** cover repairs beyond the factory warranty, reducing surprise repair costs down the road. Both are optional but popular among shoppers who want to reduce financial risk.

Our Finance team can explain how these products work, what they cost, and whether they make sense for your situation and budget. Every situation is different. **Call (779) 600-2956** to discuss options with our Finance advisors before you finalize your purchase.