If your vehicle is declared a Total Loss (written off), either from accidental damage, fire or theft (damaged to the point that repair would cost more than what the car is actually worth) a GAP Insurance policy is designed to pay the difference between what your Fully Comprehensive Motor Insurance Company would pay out and the original purchase price paid for your vehicle, according to your purchase invoice or agreed value.
It is a well known fact that motor vehicles depreciate in value over time***. For a relatively small premium against the cost of your vehicle our GAP Insurance could protect you against that loss of value in the event your vehicle is written off, i.e. declared a Total Loss.
We are 100% UK based GAP Insurance providers and never outsource any of our calls or telephony. We pride ourselves on striving to deliver the best customer service, which is why you will not have to join an automated queue when you contact our Administration Centre.
The team at www.gapinsurance.uk.net have been arranging insurance solutions for over 30 years and because we sell our insurance purely online saving a lot of admin costs, we can pass on those savings to you. Find out more about us or get in contact for more information.
**See Policy Wording for full details.
***Based on Ford Focus 1.6 TDCi H/b 5d Zetec new price £18,740 value after 3 years £9,190. Depreciation in 3 years £9,950 - Glass's Guide June 2013.
18 February 2014 - UK floods: dealing with water-damaged cars - Buyers have been warned to look out for an influx of flood-damaged cars on the used market, as drivers look to sell rather than make insurance claims.
02 January 2014 - Motorists will no longer need to show their car insurance certificate when taxing their vehicle. - The Government’s Driver and Vehicle Licensing Agency (DVLA) said: ‘Motorists will no longer have to search for their insurance certificates when they tax their cars. ‘They will still have to have valid insurance but they won’t be asked to show it.’
20 December 2013 - UK car production nearing six-year high - Car production in the UK is set to reach a six-year high of more than 1.5 million vehicles this year, the industry's trade body has said.