For more information on GAP insurance, download the brochure here
Guaranteed Asset Protection or GAP insurance is one of the most popular additional insurances our customers opt for.
GAP insurance is good for anyone who is leasing a car because if your car is stolen or written off it covers any remaining finance payments on your lease that your insurance doesn't cover.
Depending on the limit you choose for your vehicle, your GAP can cover you from £5,000 to £25,000. The limit is usually judged by the cost of your vehicle.
The policy can range in length from 24 months up to 60 months, which should be more than enough to cover the length of your lease. If you have any time left at the end of your lease you can usually transfer the policy to a similar car or your next lease.
GAP insurance is available from £219 inc. IPT tax that you can purchase as a one off payment or you can choose to spread the cost over 12 months. The GAP insurance will last for the full length of the contract and can cost anywhere between £219 and £297 inc. IPT tax, depending on the value of the vehicle and the length of the lease agreement.
Please contact one of our leasing consultants for more details, or click on the links on this page for a more detailed explanation of the benefits of adding a GAP insurance policy to your lease agreement.
Other terms are available, so please contact us to discuss your requirements.
For more information on GAP insurance, download the brochure here, or click on the presentation below:
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