A product intended to cover the difference between the amount you owe on your auto loan and the amount the insurance company pays if your car is totaled or stolen. GAP insurance is supposed to cover the loss you would suffer if your loan balance is higher than the current value of the vehicle. 

“Gut and stuff” legislation was amended so that the Legislature “gutted” a bill's original provisions and then “stuffed” the bill with wholly new ones. The particulars of this practice may change from state to state.