Due to Covid-19 and a phased return of our workforce and supply chain, our services may be a little slower than normal - apologies for any inconvenience. The good news is that you can build your own quote online on our vehicle pages & we've extended our opening hours to 9pm.

What Is Gap Insurance?

What is GAP Insurance?

Because vehicles tend to depreciate quickly in the first year, then more slowly as they get older, there is a risk that you will owe more to the Finance Company than the Insurance Company pay-out if the vehicle is written off or stolen.

With GAP Insurance, you can insure against the difference (up to a maximum of £20,000) between your Insurance Company pay-out and the amount you owe to the Finance Company

Eligible Vehicles

  • Vehicles up to £125,000 Invoice price
  • Cars & Commercial vehicles up to 3.5cwt
  • Cover is valid for up to 5 years in line with the finance agreement
  • Applies to all finance agreements, including Contract Hire and Lease
  • Applies to Cars & Commercial Vehicles up to 6 years old

Major Exclusions

  • If the vehicle is written off whilst driving illegally or under the influence of drugs or alcohol
  • The vehicle is not covered by a Fully Comprehensive Road Risk Motor Policy
  • Use of vehicle for Hire or Reward
  • If the vehicle is unattended and the keys have NOT been removed, all doors locked and any immobiliser and/or alarm activated
  • If your vehicle has a Fridge Unit/Conversion & also if your vehicle has/will have a Motor Traders Insurance Policy

Our insurance services are provided by Premia Solutions Limited, 3 Corunna Court, Corunna Road, Warwick, Warwickshire, CV34 5HQ, FCA no 310089.