GAP Insurance


Losing your car

If your car is stolen and never recovered, or written off through accident or fire, the settlement from your motor insurer could be significantly less than the original purchase price you paid. Most motor insurers base total loss payments on the market value of your car at the time of the incident. Any depreciation since you purchased the car is potentially your loss.

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 RPP?

  •  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 Retail Price Protection Insurance 

Retail Price Protection (RPP) Insurance ‘bridges the gap’ between the original retail price of your car and the amount your motor insurers will payout. RPP 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.

GardX Assure Enquiry