GAP cover
Gap insurance is a type of auto insurance that car owners can purchase to protect themselves against losses that can arise when the amount of compensation received from a total loss does not fully cover the amount the insured owes on the vehicle’s financing or lease agreement.
Policy Benefits
Protection against loss
GAP insurance covers the difference
Backed by specialist insurers
What does it cover?
In the event your car is stolen or written off (total loss), GAP insurance covers the difference between the current value of the car (the amount your car insurer will usually pay out) and the amount you paid for the car in the first place, or any outstanding payments.
Key features:
- Protection against loss
- GAP insurance covers the difference
