In the event that your road risk insurer declares your vehicle a total loss, there is a likelihood that the amount they will pay to you in settlement of your claim will be less than the outstanding amount you owe to the finance company. The shortfall could be a significant sum depending on the rate of depreciation of your vehicle and the remaining period of the finance agreement. You will be held liable for the shortfall by the finance company, however GAP Insurance protects you by paying the finance company the shortfall on your behalf.

For example:
A successful GAP claim would pay out up to £5,000 to cover the difference between what your motor insurer values your vehicle at and the settlement / termination figure on your finance agreement.

Did You know?

• On Average 2.2 accidents are reported every single minute
• Approximately 1,400 vehicles are written off every day due to accident or theft
• The Home Office Car Theft Index 2003 show that one car is stolen every 90 seconds in England and Wales, 31% are NEVER recovered
• When questioned most people consider themselves to be safe drivers

How much will this piece of mind cost me?

Our policy costs as little as £175 for five years cover, that is the equivelant to  per month considering the benefits if your car is written off.

Am I Eligible?

• Your vehicle must be less than six years old
• Your vehicle is invoiced at less than £50,000
• If you have a commercial vehicle maxiumum gross vehicle weight of 3.5 cwt
• Applicable to all finance agreements, e.g. HP, Lease Purchase, Finance Lease, Contract Hire or Personal Contract Purchase (PCP)

Full Terms and conditions available.