gap insurance

What can cause your car's value to depreciate?

What can cause your car's value to depreciate?

Whenever you buy a new car, you know that you're not likely to have an asset on your hands that holds value in the long run. A new car devalues as soon as your drive it off the forecourt, and unfortunately, there isn't much you can do about it. With this in mind, let's take a look at some of the things that can cause the value of your car to depreciate and what you can do to protect its value in the case of an insurance claim.…

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Gap Insurance - Why buy online?

Gap Insurance - Why buy online?

GAP insurance was created to bridge the difference between an insurance payout and the sum required to buy a like-for-like vehicle or cover your inital outlay for a vehicle. How you buy GAP insurance, however, can have a considerable impact on the amount of money you pay for it.…

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Which UK car buyers require GAP car insurance?

Which UK car buyers require GAP car insurance?

Guaranteed Asset Protection Insurance, known informally as GAP car insurance, is often sold when consumers pick out a brand-new vehicle. This kind of cover was created to help car owners out if an accident happens that results in their vehicle being scrapped or stolen and can’t be recovered.…

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What key things should you look for in a GAP insurance provider?

What key things should you look for in a GAP insurance provider?

GAP insurance can be an invaluable addition to your current car insurance policy. Whether it's a regular car you're looking to cover or an Electric Vehicle, it's essential you find the right GAP Insurance provider. With so many providers offering GAP insurance UK drivers need to be aware of what to look out for, in order to make sure they choose the best for their needs.…

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Even careful drivers need a backup plan - how GAP insurance can help

Even careful drivers need a backup plan - how GAP insurance can help

If you take pride in your car and look after it by driving it carefully and carrying out regular maintenance and cleaning tasks to keep it looking smart, it can be really frustrating when it sustains some sort of accidental damage. You might even be unfortunate enough to suffer a collision through no fault of your own. This might mean that you face a repair bill or you may even need a replacement vehicle.…

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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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