Gap Insurance
Gap insurance policies are available to protect you should you have an accident and your vehicle is declared a total loss (write-off) in the future. A gap insurance policy will pay the difference between todays retail market value of your vehicle and whatever value the vehicle insurer places on the vehicle if declared a write off. Your insurer will pay only the depreciated value of your vehicle at the time of your claim.
Cover is available for most vehicles including your Motor car, van, motorcycle and light commercial vehicles.
Cover for your car or light commercial vehicle for up to 3 years for only £199 or for 2 years for only £165
Cover for your motorbike / motorcycle for up to 3 years for only £215 or for 2 years for only £175
The maximum gap insurance payout using our policy is an impressive £15,000 and protection is available with 2 or 3 years cover.
Product Features
- Gap insurance covers write offs from fire, theft, accident ( fault or non-fault )
- Cover is available on vehicles up to 5 years old and with up to 80,000 miles at the date of policy purchase
- Maximum gap cover payout is an impressive £15,000
- Covers up to £250 motor insurance excess in a claim
- Gap cover is available on vehicles up to £50,000 in value at date of policy purchase
Customer Benefits
- Do not have to borrow additional amounts to replace vehicles with a similar model
- Can help to quickly settle any outstanding finance/ loans on the vehicle, thus helping maintain a positive credit rating
- Can help keep important hard earned savings intact as these are often withdrawn to help bridge depreciation or deposit 'GAPS'
Why choose Gap insurance cover ?
- Up to 500,000 vehicles are declared a write off each year
- Your car / motorcycle / LCV is depreciating in value every day
- A vehicle is stolen every 2 minutes in the UK
- Motor insurers will only pay the depreciated value at the time of your claim
- There is a motor vehicle insurance claim every 8 seconds of every working day
The Cost?
Cover for your car or light commercial vehicle for up to 3 years for only £199 or for 2 years for only £165
Cover for your motorbike / motorcycle for up to 3 years for only £215 or for 2 years for only £175
Contact us on 0845 073 7212 and speak to one of our car insurance team for more information.
