interstate trucking industry on the highway


Gap Protection

| Truck Gap Insurance

Are you fully covered?

Did you know that if you suffer the total loss or unrecovered theft of your truck, your insurance company will only pay the actual cash value of your truck, which may not be enough to pay off your remaining loan balance? Arrow’s Gap Protection covers the difference, so you won’t still owe money on an asset that no longer exists.

In the event of a total loss or unrecovered theft, your insurance company will most likely settle your claim based on the truck’s actual cash value or stated value, leaving you to deal with the “gap,” or unpaid balance of your loan.


Why purchase truck gap insurance?

For several months after you buy your truck, it will depreciate faster than you pay down your loan, creating a ‘gap’ between the value of the truck and the loan balance. Gap Protection covers the financial gap between your primary insurance company’s settlement on a total loss or unrecovered theft and the remaining balance of your loan.


GAP Protection

GAP Protection covers the gap between the Actual Cash Value of your truck or trailer and the remaining loan balance in the event of a total loss or unrecovered theft


GAP Protection covers

Primary insurance deductible up to $2,500, where allowed by law


Loans may be covered up to:

$85,000 and 60 months


Low monthly cost

Example of Gap Protection

  • Loan Term 60 months
  • Loan Amount $40,000
  • Loss Occurs 12 months
truck on a highway through the grasslands area of eastern Washington, USA.

Insurance Settlement

  • (Actual cash value of vehicle) $29,600
  • Loan Balance $34,825
  • What You Still Owe $5,225
  • Potential Out-of-Pocket Expense $5,225
  • Gap Protection Payment to Lender $5,225
  • Your Net Cost $0
commercial truck driving through the high desert country of eastern Washington, USA

Interested in learning more?

The team at Arrow Truck Sales is here to serve you. If you’re interested in purchasing gap insurance, please don’t hesitate to reach out and we’ll be happy to answer any of your questions and get you on the path to true financial security.



Arrow truck team standing outside their lot of trucks


This information is not a contract. For a complete list of benefits and rules please request a copy of the Gap Waiver Election Form (or the Gap Certificate for loans in Texas). Deductible coverage is available in most states. Check with your Arrow representative to learn whether deductible coverage will apply to your loan. Administered by Berkshire Risk Services LLC. Arrow Truck Sales is not responsible for typographical errors.