gap insurance

Which UK drivers can benefit from GAP insurance?

Which UK drivers can benefit from GAP insurance?

Guaranteed Asset Protection or 'GAP' for short, is a kind of cover you can purchase, providing protection for new cars. Its purpose is to cover the difference between what your motor insurer is prepared to pay up if your vehicle is a total loss and the amount that you paid to buy your car.…

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Why buy GAP insurance online instead of from dealers?

Why buy GAP insurance online instead of from dealers?

Guaranteed Asset Protection, or GAP insurance for short, is notably among the most misunderstood policies that are available to purchase providing protection for you and your car. This is mainly due to how rarely car owners come across this kind of cover, which usually arrives on the negotiation table only when they’re attempting to secure the best possible price for a brand-new car.…

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How to work out if you need GAP car insurance

How to work out if you need GAP car insurance

Guaranteed Asset Protection (GAP) car insurance is typically sold when people buy a new vehicle. Its purpose is to help owners in the unfortunate event that their brand-new car must be written off due to an accident or is stolen. In such cases, a GAP insurance policy will make up any difference between the car's present value and how much it cost to purchase initially or cover any repayments that are outstanding if it was bought using a finance agreement.…

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When can vehicle replacement GAP cover come in handy?

When can vehicle replacement GAP cover come in handy?

If you only have standard motor insurance and your car needs to be written off or is stolen, you may be disappointed after receiving your payout if you were hoping to buy a new car. This is because most insurers will only pay you the current market value of your totalled vehicle and unfortunately, a car’s value decreases at an astonishing rate.…

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Is it worth getting return to invoice GAP insurance?

Is it worth getting return to invoice GAP insurance?

Return to invoice GAP insurance or RTI GAP insurance for short, is a kind of cover that offers drivers a way of seeing more money returned when their vehicle is written off.…

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How does gap insurance work?

How does gap insurance work?

Guaranteed Asset Protection (GAP) insurance will cover the difference between the amount that your insurer pays out and the price that you paid for your vehicle if it is ever stolen or written off. Gap insurance protects you from finding yourself at a loss when you buy a new car and gives you an extra layer of protection in case of an emergency.…

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Is gap insurance actually necessary?

Is gap insurance actually necessary?

Insurance can be a considerable expense, but in many cases it's truly necessary. That means you need to prioritise your insurance expenditure, to make sure you have the proper amount of cover. Gap insurance is growing in popularity, as it offers you a compelling way to stop yourself losing money in the event of a claim - but is it actually necessary?…

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The car insurance you didn't know you need

The car insurance you didn't know you need

When it comes to purchasing car insurance, chances are you've heard of third-party fire and theft and comprehensive car insurance. However, a lesser-known product to the vehicle insurance market is GAP insurance.…

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What is gap insurance and who can benefit from it?

What is gap insurance and who can benefit from it?

When you buy a new car, you will be offered all kinds of optional extras and protections. Some of these are more important than others. Gap insurance is one of the lesser-known forms of car insurance in the UK, but it is something every driver should be aware of.…

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Is Gap Insurance a good investment?

Is Gap Insurance a good investment?

GAP insurance is an addition to your insurance premium, and though it's an affordable one many drivers wonder if it's worth it. A large portion of drivers resent the cost of their regular insurance premiums, why would you want to add another cost on top of that? The reality is, however, that GAP insurance has a lot to offer drivers who are willing to invest.…

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