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

Jonas lesutis 19 Jan 2018


Brilliant website easy and straight forward to use and highly competitive price. My second car using this company.

Stephen Platt 18 Dec 2013


I've compared other sites and products available, even BMW's own insurance. You offer real value for money.

Steve Gilfoy 7 Jul 2015


Very informative and honest, gave all the necessary options to make a good decision.

Miss K Biard 18 Dec 2013


Found on the Internet and policy met my needs

Michael Jackson 25 Apr 2022


The customer service and the impartial advice was excellent.

Rachael Wood 13 Sep 2015


Very clear concise information on the policy. Great website and easy to deal with

Morris Millward 6 May 2014


Eaisy to deal with and more cost effective than the dealers quote.

S Bos 29 Jun 2016


Easy, clear and complete product offered through a great website!

Tony Greenwood 28 Jul 2015


This is the scond policy I have taken out with out - returning because of the excellent service.

Swapnil Bharate 9 Apr 2014


Excellent,cheap quote compared to dealer and user friendly and quick quote and buying procedure online.

bob Newcombe 17 May 2017


Good value, covered by FCA, easy website to use, clear terms and conditions.






Easy to use and understand website

Mateusz 21 Nov 2015


Quick and Simple. Good customer service. Thanks to James.

Andrew Hunt 2 Aug 2017


Third Policy taken out in family. As usual very easy to understand and apply for. Customer service excellent dealing with questions.

Sharon McLean 17 Dec 2013


Quick and easy online process, competitive price, extremely helpful advice given on phone regarding policy

R Dicker 17 Dec 2013


After comparing prices and comments you are the best

Barry Shuttleworth 7 May 2017


Spoke to DirectGap before going ahead and was very pleased with the person I spoke to: very informative, friendly and no sales pressure to buy there and then! I have now, via the web site, bought a policy which was very easy…

Dave Hugill 9 Apr 2016


Really easy process, longer term available than the dealer could supply and 40% of the cost!!

adam porter 23 Dec 2013


best price

Nigel Bishop 8 Nov 2015


Easy to use website, clear descriptions of policies without lots of jargon. Very competitive prices compared to dealers

Adele moxon 30 Jan 2018


You are competitively priced and were very helpful to my partner Peter with his gap

Martin 17 Dec 2013


Very easy to understand. I will sleep easier

Susan Hedley 31 Aug 2017


Really quick and easy to use website - very user friendly. Would recommend.

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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.