GAP Coverage for Lifted Trucks
GAP coverage pays the difference between your truck's insured value and your outstanding loan balance after a total loss. For lifted trucks where modifications aren't reflected in the loan amount — or where depreciation outpaces payoff — GAP prevents a total loss from leaving you still making payments on a truck you no longer have.
What it covers
- The gap between your agreed value insurance payout and your remaining loan balance
- Negative equity situations where the loan exceeds the insured vehicle value
- Protects you from owing thousands on a totaled vehicle with no payout left
- Applies when primary insurance pays its maximum and a balance remains
- Covers the gap on both financed trucks and leased vehicles
- Pairs with agreed value coverage for the strongest total loss protection
Who it's for
- Truck owners who financed their vehicle and have a loan balance
- Lifted truck owners whose modifications weren't included in the loan amount
- Buyers who put little money down and owe close to or more than vehicle value
- Anyone within the first 3 years of a truck loan where depreciation is steepest
Why CCA
- We explain the math — how much you'd owe vs. how much you'd collect — so you make an informed decision
- GAP paired with agreed value coverage is the strongest total-loss protection available
- We check your loan terms to confirm GAP makes sense for your situation
- If you don't need GAP, we'll tell you — we don't sell coverage you don't need
Common questions about gap coverage
If your loan balance exceeds your truck's insured value, you need GAP. For a lifted truck, compare: (1) your agreed value coverage limit against (2) your current loan payoff. If the payoff is higher, GAP covers the difference.
GAP pays the difference between your primary insurance settlement and your loan balance — not necessarily the full loan. If your insurance pays $45,000 and your loan balance is $52,000, GAP covers the $7,000 gap.
Possibly. Agreed value ensures your insurance pays the full insured value — but if that insured value is still less than your loan balance, you still need GAP to cover the difference. Both together give you the strongest protection.
Yes. Contractors Choice Agency is licensed in all 50 states and actively writes lifted and modified vehicle programs nationwide.
Contact your carrier's claims department directly using the number on your policy documents, or call us at 844-967-5247. We respond to claim contacts within 2 hours during business hours.
Many of our carrier partners offer monthly payment plans. We'll present payment options with your quote so you can choose what works for your budget.
NPN 8608479 is the National Producer Number for Contractors Choice Agency. You can verify our license at the NIPR website.
Call or email us. Adding modifications mid-term is important — your agreed value should reflect your current build. We update your policy and reissue documentation.
Yes. We have relationships with specialty carriers who understand modified vehicles. We match your build profile to the carrier best suited to write it.
Contractors Choice Agency is located at 12220 E Riggs Road, Suite #105, Chandler, AZ 85249. We serve clients nationally by phone and email.
Monday through Friday, 8am to 5pm Mountain Standard Time. Quote requests can be submitted online at any time.
Yes. Once your policy is bound, we issue your certificate of insurance or policy documents immediately — same day in most cases.
Additional named insureds can be added to your policy. We'll need their driver's license and driving record information.
Yes. Collector, show-only, and garage queen trucks have specific programs designed for limited-use high-value vehicles. Tell us about your usage pattern when you request a quote.
Comprehensive-only policies can cover stored vehicles against non-collision perils (fire, theft, weather) at lower cost during build periods. We'll write coverage that matches your actual situation.
Like all auto insurance, your MVR affects your premium. A clean record gets better rates; prior violations or accidents increase premiums. We shop multiple carriers to find the best rate for your specific record.
Possibly, depending on your insurer. Specialty auto programs sometimes exist separately from homeowners markets. We'll check for bundling options that actually save you money rather than forcing you into a standard auto program.
Pair it with related coverage
Get a Lifted Truck Insurance Quote
Agreed value, custom parts, and off-road coverage — quoted fast from specialty carriers.