“
It was great! No pressure from the sales team
and at a great price too!”
Anthony Holden, Southport
Why do you need GAP Insurance?
A significant amount of reported crime is vehicle related, and just about everybody knows of friends, family or colleagues who have had their car stolen, or written off in an accident, and had to go through the ordeal of trying to replace it. This is when customers could discover, when they come to claim via their insurance company, that they are only entitled to the market value of the car at the time of the claim, which could be less than what they originally paid for it.
How can Retail Price Protection GAP help you?
In the event of your vehicle being written off as a total loss through accident, fire or theft, Retail Price Protection GAP could cover the difference between the market value at the time of total loss and the retail price at the time of purchase (or finance settlement if applicable - whichever is the higher claim amount).
Retail Price Protection GAP could pay the difference between the motor insurer’s settlement figure and the retail value of the vehicle (up to a maximum of 110% of the retail value shown in Glass’s Guide at the time of purchase).
If the vehicle is subject to a finance agreement, and the outstanding balance exceeds the original retail price of the vehicle, Retail Price Protection GAP could pay the difference between this higher amount and the motor insurer’s settlement.
In the event that your vehicle is a total loss
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Could pay the difference between the motor insurer’s settlement and the original retail value of the vehicle (or finance settlement – whichever is the higher).
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Provides cover for up to 36 months.
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Is available for new or used cars.