Home > Auto Refinance Topics > How do I cancel my GAP insurance or service contract?

  • Nicholas Hinrichsen

How do I cancel my GAP insurance or service contract?

Updated: Jun 8

When you bought your car, the dealership probably recommended you buy GAP insurance or get an extended service contract.

Guess what:


  • These insurance products were overpriced. The dealer has over 100% markup on these products

  • The good news is that they are cancellable and you can get some money back


If you still need the same coverage, you can purchase it for ½ price. Furthermore, often you won’t even need GAP insurance anymore since your car is probably now worth more than your loan (and hence you’re paying for useless insurance).


To save money - try to find the company that is your GAP or VSC service provider - often you got brochures or a company name when you bought the car. If you simply call these companies up - you can find the pro-rated refund when you call to cancel. Its THAT easy.


WithClutch.com is a fully digital platform that lets car owners like you do so from the comfort of their own home. No need to set a foot in a bank or credit union. You can lower your rate or get cash in as little as 20 seconds.


Follow three simple steps to refinance your auto loan, get approved in seconds and save thousands in minutes.

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WithClutch, LLC

2120 E El Parque Dr

Tempe, AZ 85282