gap insurance

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.…

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.…

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.…

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.…

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.…

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?…

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.…

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.…

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.…

When you hear someone has been in a car crash, your first thought is of their state of health. 'Are they OK?' you ask. The idea of your loved ones being in an accident is frightening and the state of their vehicle will not be your first concern. When you know they are fine, the next thought you have is for the car. Then you hear the words, 'it's a write-off.'…