Why have GAP?
Most of us don’t think about the consequences of what can happen when your vehicle is declared a write off by your motor insurer following an accident, fire or theft. A write off means that your motor insurance company has taken the decision that the vehicle is uneconomical to repair or can’t be found following the theft. When this happens your motor insurer will pay out what they consider to be the current value of your vehicle called “The market value”. Because all vehicles depreciate (some a lot quicker than others) this ‘market value’ could be considerably less than what you paid for your vehicle and could even be less than what you have outstanding to pay on Finance. GAP insurance is designed to protect you against this financial loss.
GAP Insurance is brought to you in association with Choose Your Insurance, who are specialists in providing this product.
You will be redirected to their hosted website when obtaining a quotation. Quotations offered are on a non-advised basis and their terms and conditions of sale should be checked and agreed to before proceeding to purchase cover and to ensure the product meets your needs.
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