Known for its well-built, reliable cars, Honda is a world-class manufacturer. Founded in 1948 in Japan by Soichiro Honda and Takeo Fujisawa, it also became the biggest motorcycle brand in Japan as early as 1955. Today, it is an innovator in electric vehicles and is shaping the future of the car market. Iconic designs like the Civic and Accord are currently in their tenth generations and continue to evolve year on year.
Honda has become a popular choice for those looking to balance efficiency with style. But as with any car, misfortune can strike and when it does, there’s always the risk of your vehicle being declared a total loss. If that does happen, your motor insurer is likely to offer a settlement in line with the car’s current value, rather than equal to what you originally paid. That’s where Guaranteed Asset Protection (GAP) insurance offers an added degree of cover.
What is Honda gap insurance?
If your insurer writes off your car, then Honda gap insurance covers the difference between your vehicle’s current and original value, ensuring you don’t lose out financially. And Direct Gap offers a wide variety of policies for between 1-5 years to suit your every need. From settling the difference between your car’s value and the insurer’s offer, to paying any outstanding finance, you can choose the cover you require. We can even pay the difference between your insurer’s payment and the cost of replacing your car.
For everything you need to know, why not check out our comprehensive guide to gap insurance.
What are the benefits of Honda gap insurance?
As well as protecting you against any loss of value if something were to happen to your vehicle, a Honda gap insurance policy from Direct Gap offers plenty of additional benefits:
- Deferred start date option for new purchases
- All named drivers covered
- 30-day money back guarantee
- Commitment to settle claims within 10 days
- No mileage restrictions during life of policy
- No claim limits on vehicles up to £50,000
How much does Honda gap insurance cost?
Our Honda gap insurance prices start from just £69 and we believe it’s a reasonable fee in return for protecting yourself against possibly losing out by thousands of pounds. You can also pay for your Honda gap insurance via monthly instalments if you prefer – whichever method works best for you.
Is Honda gap insurance worth it?
Let’s say you bought a brand-new Honda for £25,000 and after a few years it was worth £15,000. If your car were to be declared a total loss at that stage, most motor insurers would offer a settlement in line with its current value, which means you’d be £10,000 out of pocket. However, with a Honda gap insurance policy, you’d be covered for that drop in value so you don’t have to worry about losing out. At Direct Gap, we believe that peace of mind can prove priceless.
What additional cover is available?
As well as Honda gap insurance, we can help to ensure the tyres, wheels and bodywork of your vehicle are well protected. Find out more about:
Please note that the above policies can only be taken out in conjunction with Honda gap insurance from Direct Gap, and cannot be bought separately.
Get your Honda gap insurance quote today
Protect your finances and your vehicle with Honda gap insurance from Direct Gap. It’s perfectly simple to get your quote and if you have any questions, please feel free to call us on 01422 756100. A member of our friendly team will be more than happy to answer any queries and help you secure that all-important peace of mind.