Gap InsuranceGap Insurance is also referred to as Guaranteed Asset Protection. This policy is designed to cover the difference between your car insurance companies pay out and the book value of your car should you be unfortunate enough to have an accident or the car is lost or stolen.
Don't be caught out if you have an insurance write off and the amount you need to settle your finance agreement is more than the value of your car. You would then be left to paying the finance company the difference even though you lost your car! A Finance Gap Insurance upgrade would ensure you're not left with both the loss of your vehicle and a hefty loan repayment plan. Similarly If you have a contract hire car ask us about the benefit of our Contract Hire Gap Insurance upgrade or even a New Car Replacement upgrade for cars bought in the past 90 days when taken with the standard Gap Insurance pays it pays the difference between your motor insurers' settlement and the cost of a brand new replacement car.
Gap Insurance ReviewWhatever the reason you are thinking of buying a policy to protect you from the depreciating value of your new car, unlike most of the companies offering Gap Insurance here in the UK offer our policies against a variety of vehicles including new and used cars, taxis and even driving instructors cars can be covered by us. The premium due will of course depend on the value of your car, term and the upgrades you select, but our quote page keeps it simple as it calculates this for you as you create your policy. Both our cover documentation and our terms and conditions are easy to understand, we don't like to leaving our customers wondering about the cover they buy. |