Gap coverage on auto insurance

[Anonymous]

We bought a new car yesterday that was financed 100%.

The dealer offered gap coverage which I declined. I thought that I could get this coverage as an endorsement through State Farm who insures the car. Well, it turns out that SF does not do so unless one finances with them through their bank and then it is included as part of the loan terms at no extra charge.

I have no regrets about not taking the coverage through the dealer because their rates are excessive but I would like to know where I can buy such coverage as a separate policy. I would probably need it for a couple of years while I am upside down in the event of a total loss.

Has anyone found an insurance company that sells separate gap coverage at a reasonable rate?