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

Louise Salmon 21 May 2015


Very efficient process and easy to follow website. The price was the cheapest too. Excellent!

douglas bremner 5 Sep 2014


cheapest quote i could find, painless purchase

Neil Ferguson 20 Oct 2014


Good policy at a fantastic price. 50% cheaper than price quoted by dealer when buying the car. Quick & easy to complete transaction.

Lesley Gazely 24 Apr 2015


Very easy to use website, quick quote and easy transaction. Thanks!

Aqueb Mohammed 14 Mar 2018


Great service online, very quick and most importantly very efficient. Thank you

E S Jones 17 Dec 2013


Good price for peace of mind.

Cristina 1 Feb 2019


Great price and good to know they are 5* defacto rated also. Half the cost of what the dealership was wanting and a better cover.

John Robinson 10 Oct 2019


I have used direct gap before and have always been happy with them I have never had to make claim but it Gives me piece of mind to have this in place because on the roads these days there are plenty of idiots about

Andrew Chivers 19 Oct 2014


Much cheaper than what was being offered at BMW dealership (40% of price). Would use again and highly recommended. Thank you.

Perry Clarke 1 Sep 2021


Easy to use and good price

ali 12 Apr 2017


Excellent value for money, much cheaper then car dealers and better terms, thank you, A*****

Jan Lifton 17 Sep 2017


User-friendly website, easy to navigate and more straightforward than others I tried. A reasonable price as well.

David McGrail 23 Dec 2013


Excellent experience and cheap price!

Stephen Dury 26 Apr 2021


£300 cheaper, for the same cover, as the quote from my dealer.

j welsh 17 Dec 2013



Giles Hemmings 1 Mar 2020


Website easy to use, policy wording clear, unlimited mileage cover is an excellent feature (not all GAP policies elsewhere will cover this). Pricing competitive. Good reviews on TrustPilot gave me confidence to purchase a pol…

Paul Fenney 23 Dec 2013


Excellent product at very good price. On-Line purchase very simple and quick

David Allan 9 Feb 2015


Very easy and good value! A****

Lisa 4 Mar 2018


Quick to organise.

Mark Nykoniw 11 Oct 2017


Quick, easy and simple to us. Hope I will never have to us the policy.

B C Dodson 27 Feb 2014


Process was simple and easy to follow

Rosemary Richards 23 Dec 2013


I had contacted you previously but had not at that point purchased my car. I was unaware that I could forward date the policy. 

lewis mcintosh 21 May 2014



Kaspars Kirilovs 19 Jun 2021


great service. and easy to use.

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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.