Mrodfire, there are lots of policies offered by various sources that hold themselves out as "gap" insurance. They all seem to have different terms. One yardstick I use is the gap and other types of policies (e.g., extended warranties) offered by WarrantyDirect.com. They post all their policies, terms and prices on the internet. I gravitated toward them because they have been in business about 25 years and are not an internet startup. While I did not purchase gap insurance, the comparison of their prices and policies of all types to those offered by dealers is very educational.

From your post, it doesn't seem like you leased. The standard Chrysler CF lease has a form of gap insurance in it that is set out in such a weasel-worded way that a host of lawyers would have trouble understanding it.

Hope this is of some assistance.