Gap Insurance provides insurance that will pay the difference between today’s Retail Market Value of your vehicle and whatever value the Motor Insurer places on the vehicle should it be declared a write-off in the future.
If your car is written off or stolen and you want to go out and buy a car that is similar to the one you bought a few years ago, you will have no choice but to make up the difference yourself.
This is where GAP insurance can prove invaluable: it bridges the gap between the price you paid at the outset and the amount you receive from your insurer.
GAP insurance is a cost-effective way to protect your finances. It’s often cheaper to buy cover independently rather than through a car dealership, as there aren’t any showroom overheads or commissions to pay.
If you would like a quotation on GAP Insurance, please contact us on 01293 851131 or alternatively click here to send us an email.
