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Important GAP Insurance Information

Now that you have leased a vehicle with us, please take a few moments to read our GAP insurance guide to find out how this additional cover could work for you.

Gap Insurance Explained

In simple terms, GAP insurance prevents you from losing money if your vehicle is written off or stolen. Under these circumstances, GAP insurance will cover a financial shortfall and bridge the gap between what your insurer pays out and what you still owe on the vehicle. Our GAP insurance cover offers any shortfall value up to £10,000 at a minimal fixed cost for the duration of your lease.

These Statistics Might Help

Have you ever thought what would happen if your new vehicle was written off or stolen? Official figures show that more than 2,500 vehicles are written off every day in the UK and vehicle theft represents over 25% of all reported crime. If you are unfortunate enough to ever become one of these statistics, GAP insurance prevents you from being left out of pocket with outstanding debt.

Is Gap Insurance worth it?

If you bought your vehicle with finance and it is written off or stolen you could be left making repayments for a long time for a vehicle that you no longer have use of. You also may not be able to afford to replace the vehicle with a similar model. By taking out a GAP insurance policy, you get peace of mind that under such circumstances you have up to £10,000 of additional cover.

Would you like to add GAP insurance cover?
Your GAP Insurance

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One of our experts will be in touch soon to advise on the best gap insurance package for you.

To find out more read about GAP insurance and our Insurance Services.