Why do I need to consider GAP Insurance?

Have you ever thought what might happen if your new vehicle was written off due to an accident or if it was stolen?

It’s worrying to think that more than 2500 vehicles are declared a write off every day by being involved in an accident or stolen.

Vehicle theft on its own represents 25% of all reported UK crime.

What is GAP insurance?

Guaranteed Asset Protection is a way of protecting yourself from some of the financial losses involved in having your vehicle written off.

If during your lease the vehicle is written off, your insurer may only agree to pay the vehicle’s market value at the time of the claim.

It’s possible that this amount may not be enough to settle the lease, particularly during the early stages.

How do I protect myself?

Speak to us about including GAP Insurance with your lease and get the following benefits:

Can be included in monthly rentals

Simple application process

Up to £5000 additional cover

Fixed cost for the duration of your lease

Full details of the policy terms and conditions are available on request.