Gap Insurance in New Orleans LA & Metairie LA


Click HERE to request a quote!

What is Gap Coverage?

  • Gap Insurance, also known as Loan/Lease Payoff Coverage, protects you against an “upside-down” loan or lease in the event your vehicle is stolen or totaled (total loss).
  • “Upside-down” simply means that the payoff amount of your loan or lease is higher than the actual cash value (ACV) of your vehicle.

Who needs Gap Insurance?

  • If you recently acquired a new vehicle and your loan or lease pay-off is higher than the actual cash value of your vehicle, you will want to consider adding Gap insurance to your auto policy.
  • You can obtain loan or lease pay-off coverage on any newly purchased vehicle within thirty (30) days. This coverage is not available on used vehicles.

How does it work?

  • In the event of a total loss, Comprehensive and Collision Coverage only pays the ACV of your vehicle. For Example: Your Loan/Lease payoff is $20,000 and the actual case value of your vehicle at the time of loss is only $16,000 – making you “upside-down” on your loan. Without GAP coverage you would be responsible for paying the finance company the difference of $4,000.
  • If you need assistance in determining the “upside-down” value of your loan or lease, contact your dealer or finance company and they can give you information on both, the actual cash value of your vehicle and your loan and lease balance. You can also refer to our NADA or Kelley Blue Book Link to review your vehicle value vs. loan pay-off.

Who sells it?

  • All companies do not offer GAP coverage. As an independent agent we can shop your auto insurance and get you the best price on both your basic coverage needs as well as a GAP coverage through some of our available markets.

For a quick quote, you can contact our quote department directly at (504) 441-RATE (7283) or complete the Online Quote Request form and you will be contacted immediately.

Our Locations


3008 David Drive
Metairie, LA 70003
Main office: 504-441-7283


2317 Veterans Memorial Blvd. Suite 6
Kenner, LA 70062
Main office: 504-455-7283

New Orleans

2714 Canal St., Suite 101
New Orleans, LA 70119
Main office: 504-821-3111

New Orleans East

5951 Bullard Ave., Suite 4
New Orleans, LA 70128
Main office: 504-241-7283

St. Bernard

8720 West Judge Perez Drive
Chalmette, LA 70043
Main office: 504-277-4000


1500 Lafayette St., Suite 117
Gretna, LA 70053
Main office: 504-367-7283

Our Providers

They help me with all my insurance needs. Stephanie helped me save money at my renewal and was super nice. Rose in customer service helped me enroll in paperless when I couldn’t figure it out. They are awesome people and always professional. I would recommend them to anyone.
Michelle Simpson
Chris Webre got me a great rate and exactly the coverage I needed for my business. He kept in touch with me throughout the process. If I had a question, he was quick to respond with an answer. He made what was quickly becoming a headache, a pleasure. I’m glad I went with Dan Burghardt Insurance for my general liability business insurance. Thanks Chris.
Sidney Roussell
Got a great quote from some great people over at Dan Burghardt. Was surprised at how nice everyone was. I would recommend them to everyone. It’s as easy as giving them a call. Stephanie was awesome and quoted me a few different ways to see what was best for me.
Jerome Williams
Dan Burghardt and his staff are amazing. Whenever I need anything having to do with insurance I pick up the phone and within a few minutes it is taken care of… and for a lot less money than other insurance companies have quoted!
Brett Thomas
Jennifer at Dan Burghardt Insurance Agency is the most professional, helpful and efficient agent I have ever had the pleasure of working with. I would recommend them to everyone I know in the need of insurance services.
Brandi Dalon Picado
Thanks for always being, prompt, professional and friendly. I’m happy to be a customer with you all for the last 8 to 9 years!!! My agent Darlisha Miller is the best!!!
Darrylynn Montana-Henry