GAP Insurance For Car Leasing Customers

Don't Gamble with your investment

A total loss need not be a total disaster. If your car is stolen or written-off, GAP will pay the difference between the amount paid by your insurance company and any finance outstanding on the vehicle. (Subject to the limits set out in the policy document).

Is there a maximum amount GAP will pay?
Customers can select a claim limit to suit the cost of their vehicle. Claims limits from £5,000 to £25,000 are available.

Can you give me an example of how GAP works?
If you paid £10,000 for your car and your motor insurance pay out is £6,000, and your outstanding finance payment was £9,500 the GAP insurance will payout £3,500. It's that simple!

Can it be transferred if I sell the vehicle?
Unfortunately not, the insurance only covers the person or company who paid for the insurance whilst the car is under their ownership.

What is the maximum term I can have?
Customers can select policy terms that range from 12 months cover to 60 months cover in line with the finance agreement but will cease earlier upon the occurrence of any of the following events: a paid claim or the repossession of the insured vehicle if subject to a credit agreement.

Our price £6.70 per month. (exc. VAT)

Price based on 36month contract. One-off purchase price £212. Other terms available, please call us to discuss your requirements.

Download the brochure here.