Toyota offers Guaranteed Auto Protection, or "GAP," insurance. GAP insurance is a special policy that can only be purchased through the financial institution from which the car is purchased. It kicks in if the vehicle is deemed a total loss, and it covers the cost that is not provided by the market value of the car.
When a new vehicle is lost in a total damage claim, the insurance company pays out the market value of the vehicle. This can sometimes equate to less than what is owed and result in the buyer having to pay back a portion of the car to the financial institution. GAP insurance is used to prevent that from happening and is often available at a low monthly price.