Lease Gap Insurance

In the event of your vehicle being declared a total loss, our Lease Gap Insurance will pay the difference between the outstanding finance balance and the motor insurer’s settlement.

Cover will include up to a maximum of £250 motor insurance excess.

Pays finance and settlement charges

  • Covers contract hire, HP, PCP and leases
  • Protect your initial rental of up to £2,000
  • Cover from 1 to 5 years
  • 30-day money-back guarantee
  • Unlimited claim limits on vehicles up to £50k
  • Covers insurance excess up to £250
  • Covers all drivers on your insurance policy

Why choose Direct Gap for your Lease Gap Insurance

Here are just some of the reasons why you can rely on us to provide the perfect cover for your pride and joy:

•  Knowledge: Our fully trained professionals are specialists when it comes to car finance and Gap Insurance. We deal with all claims in-house, so rest assured you’ll never be put through to a call centre.

•  Responsibility: We’re fully authorised and regulated by the Financial Conduct Authority and we hold ourselves to the very highest standards.

•  Integrity: We don’t make any commission on the sale of our policies – we’ll always work with your best interests in mind.

•  Flexibility: We want you to find a PCP, Hire Purchase or Contract Hire Gap Insurance policy that works for you and your car, so we’ll do all we can to tailor your cover accordingly.

•  Service: Our customers are our number one priority. You can see from our 5-star Feefo rating and the comments below how much our work is appreciated.


  • Finance Owing:


  • Motor insurance pays:


  • Gap pays:


You have a shortfall of £6,000 which is paid by the Gap Insurance.

This sum can include interest charges, early settlement fees and would include all contract hire payments if the vehicle is hired.


See what our customers are saying about us

David Chrimes 14 Oct 2015


Spoke to 1 of your team and felt reassured about company & Policy

Amrik gaddu 22 Jan 2014


Very good thanks

David Broad 10 Apr 2014


Good service Very efficient and speedy

Marie Louise White 30 Mar 2022


Quick and efficient and I'm not very good at anything technical.

Mick Coy 23 Dec 2013


Superb, simple use of technogy. So many companies bog themselves down in complicated web sites and backend capabilities that it complicates the front end (web precense). Impressed, the price was great too. Hopefully I never h…

Laura Singleton 18 Dec 2013


Just can't fault the product or the service.

David Brewis 4 Nov 2017


Really easy to arrange with minimum amount of paperwork. Contacted them by phone for advice on the best policy, advice was good and easy to understand. Substantial savings against Mercedes dealership policy which was offered.

Richard Glover 27 Sep 2019


Couldn't believe how easy and efficient this process was, extremely well laid out and easy to understand,and all at a fantastic price.

Roger White 20 Oct 2017


For a first time gap insurance purchaser, it couldn't have been more simple. Also, far cheaper than what my dealer wanted to charge.

stuart morgan 28 Apr 2015


Very competitive prices for complete peace of mind.

Julie Goodwin 31 Mar 2020


So easy to set up and less than half the price than the dealer with better cover!!!

Nicole Hickman 17 May 2018


Great service, super quick & brilliant price. I've always purchased my GAP via the dealership and it's always cost me c. £500 for a policy that didn't even cover the full term of my PCP. This is super comprehensive c…

Mr M Purewal 23 Jul 2018


Plenty of information for each policy - Examples were very useful.

Graham Wood 31 Jul 2018


Excellent service, website clear answered all my questions. Great price

Ashley Mitchell 28 Apr 2017


Had another policy. Agreement was fantastic. Claimed on it. Very thorough claim advisor a back to the car insurance company. Highly recommended.

David Heeps 28 Feb 2022



Yvonne Hanson 18 Dec 2013


Easy site to follow. My partner was a car salesman and he recommended that I should insure the car.

Gareth Saunders 12 Jul 2014


Dealer would have cost nearly 3 times as much.

kim jenkins 2 Sep 2015


Ray was very helpful on the phone

Mr Paul Davies 27 Feb 2021


Great advise over the phone, very competitive & also very helpful. Certainly recommend.

Andy Perry 14 Apr 2014


Easy process good price

David 22 Sep 2019


Great price and second insurance taken with them

skulteckis 18 Dec 2013


verry easy to use website.

E Matthews 18 Dec 2013


Direct & Great Gap Cover

Feefo badge


What is Gap insurance?

Cars depreciate in value, particularly brand-new cars. If your car is written off or stolen, your car insurance provider will pay out what it’s worth at the time not what you paid for it. This means there is usually a ‘gap’ between your insurance pay out and the amount you need to buy the car again or repay your outstanding lease agreement. Gap (Guaranteed Asset Protection) insurance covers this shortfall and financially protects you.

Should I get Lease Gap insurance?

It’s not a legal requirement, but it can give you peace of mind if the worst happens. Lease gap insurance (also known as contract hire gap insurance) is specifically designed for people whose car is on a lease or contract hire agreement, with no option to own it. The current market value of your car will be covered by your motor insurance policy and the gap cover will pay any remaining payments owed for the remainder of your lease agreement.

How much does Gap insurance cost?

The price of your gap insurance premium is totally dependent on the vehicle that you are insuring, it’s value and the length of your lease agreement. You can buy gap insurance from as little as £69 but most policies are typically between £100-300 for multi-year policies. We are FCA authorised and regulated, and offer cheap gap insurance quotes paired with first-class customer service.

What does Gap insurance cover?

Like all insurance products, there are some exclusions that you should be aware of. First of all, you must make sure that you have fully comprehensive motor insurance in place before purchasing gap insurance and your vehicle must have been declared a total loss by your insurer before you will be eligible to make a claim on your gap insurance policy.

Gap car insurance will not cover personal injury or death, the cost of repairs to your vehicle, repossession of your car for failing to make your lease payments, courtesy car costs or damage to property from any accident. Gap insurance policies will also not pay out if you’ve been found to be driving under the influence of alcohol or non-prescription drugs, are found to have been negligent during a theft or accident and are using your vehicle as a taxi, haulier or courier.