GAP Insurance


How it works

If your car is stolen or written off in an accident, your motor insurance company will offer you a ‘total loss’ payment based on the current market valuation for your vehicle. However, this may be considerably less than the price you originally paid

Filling the GAP

GAP stands for Guaranteed Asset Protection, also referred to as Retail Price Protection, and that’s exactly what it does. In the event of a total loss, GAP insurance could cover the difference between your motor insurance settlement and the amount you originally invoice value paid for the vehicle, or the amount outstanding on finance - whichever is greater! GAP insurance will complement your own vehicle insurance and provide the reassurance and financial support you need to get back on the road in a vehicle with the same value as your original choice.

GAP Insurance Enquiry

Why take out GAP?

  •  It covers you for the full invoiced price of your vehicle, including both factory
    and dealer fitted extras.
  • It pays off any outstanding finance on your car, so that you are not personally
    liable to make up the gap between the normal motor insurance payout and
    the outstanding finance.
  • It also contributes to your insurance excess, up to the agreed amount.
  • If your stolen/written off vehicle is replaced by your insurers, the cover can
    be transferred to your new car*
  • Talk to your dealer for more details.

How will it benefit me

About GAP Insurance 

GAP Insurance ‘bridges the gap’ between the original retail price of your car and the amount your motor insurers will payout.  GAP is supplementary insurance that pays you the difference between the original invoice price of the vehicle and a lower insurance pay-out, in the event of theft or write-off.

* Terms, conditions and exclusions apply. Please refer to your policy documentation for full details.

Gap Insurance Enquiry