As Cars tend to depreciate quickly in the first year, then more slowly as they get older, there is a risk that you will owe more to the finance company than the insurance pay-out if the vehicle is written off or stolen. 

With GAP Insurance we pay the difference, up to a maximum of £5000 or £10,000 between your insurance company pay-out and the amount you owe to the finance company.

Eligible Vehicles

• Vehicles up to £75,000 invoice price
• Cars and Commercial Vehicles up to  3.5cwt
• Cover is valid for up to 5 years in line with the finance agreement
• Applies to all finance agreements, including Contract Hire and Lease
• Cars and Commercial Vehicles up to 6 years old

• Vehicle is written off whilst driving illegally or under the influence of drugs or alcohol
• the vehicle is not covered by a Fully Comprehensive Road Risk Motor Policy
• Use of vehicle for Hire or Reward
• If the vehicle is unattended and the keys have not been removed, all doors locked and any immobiliser and/or alarm activated.
• Certain vehicle makes and models may not be covered.  This is determined at the point of sale.