GAP Insurance

Car GAP Insurance

What Is Car Gap Insurance?

If your car's stolen or damaged beyond repair, your motor insurance only pays the value of it on the day it was stolen or written off - not what it's worth today. In other words they don't pay the depreciation.

Car Gap (Depreciation) Insurance does, it pay's to you the difference between the motor insurers settlement and what your car's worth today - it’s as simple as that!

Example
Value of your car today £16,000
Your motor insurers settlement £9,500
Car Gap Insurance will pay you £6,500

And what’s more it’s affordable. You can get a three year policy from as little as £85, this will freeze the value of your car right now and lock in todays value so you’ll always get back what it’s worth today!

With the value of cars in the UK dropping at a faster rate than ever before, Car Gap (Depreciation) Insurance provides a very real benefit and a valuable and reassuring policy to have.

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