Guaranteed Auto Protection for your clients

After a long wait, we are excited to announce that we have been given the green light to release GAP as a motor add-on product again.

If a vehicle is ‘written off’, Motor insurance only covers to its value at the point it is declared a total loss. This can be substantially less than outstanding finance commitments and the price you paid for your vehicle. GAP Insurance can cover outstanding finance payments and the value of the vehicle from when you bought it.

  • Fast Claims Payout
    You can expect a claims payout within 24 hours of receiving all required documentation.

  • Eliminates Depreciation
    This add-on pays the difference between the insurance settlement and the vehicle original purchase cost including deposit.

  • Reduces Finance Risk
    Pays any outstanding balance owed on the vehicle under any form of finance agreement, including HP, Personal Car Loan, PCP (excluding Contract Hire/Lease).

  • Mileage Isn’t a Problem
    Our GAP product has no limitations on car mileage when purchasing the add-on.

How long does the client have after purchasing a vehicle to purchase a GAP policy?

180 Days

What is the vehicle value limit?

Up to £125,000

What is the claim limit?

Up to £50,000

Is there a pro-rata refund?

Yes, a full return premium is given within 30 days, after 30 days the client is entitled to a daily pro-rata refund proportionate to the unexpired days remaining, providing no claims have been made.

Are commercial vehicles covered?

Yes, Light Commercial vehicles up to 3.5T are covered.

Are there any restrictions on vehicle type?

Yes, certain makes and vehicles are not permitted. These include; Ferrari, Lamborghini, Maserati, and Rolls-Royce.

GAP Price Table

For most up-to-date pricing, please refer to Communic8.

Level of Cover (Term + Price Band) Net Rate to You (Exc. IPT) Max Retail (Exc. IPT)
GAP Plus 3 Year (£5,000 – £10,000 Price Band) £130.34 £168.18
GAP Plus 3 Year (£10,000 – £15,000 Price Band) £142.67 £184.09
GAP Plus 3 Year (£15,000 – £22,500 Price Band)
£177.90
£229.55
GAP Plus 3 Year (£22,500 – £25,000 Price Band)
£183.18
£236.36
GAP Plus 3 Year (£25,000 – £30,000 Price Band)
£188.47
£243.18
GAP Plus 3 Year (£30,000 – £37,500 Price Band)
£209.60
£270.45
GAP Plus 3 Year (£37,500 – £50,000 Price Band)
£253.64
£327.27
GAP Plus 3 Year 50K (£50,000 – £75,000 Price Band)
£493.75
 £593.75
GAP Plus 3 Year 50K (£75,000 – £125,000 Price Band) £581.25 £681.25
GAP Plus 4 Year (£5,000 – £10,000 Price Band) £167.33 £215.91
GAP Plus 4 Year (£10,000 – £15,000 Price Band) £170.85 £220.45
GAP Plus 4 Year (£15,000 – £22,500 Price Band) £230.74 £297.73
GAP Plus 4 Year (£22,500 – £25,000 Price Band) £244.83 £315.91
GAP Plus 4 Year (£25,000 – £30,000 Price Band) £255.40 £329.55
GAP Plus 4 Year (£30,000 – £37,500 Price Band) £292.39 £377.27
GAP Plus 4 Year (£37,500 – £50,000 Price Band) £365.00 £465.00
GAP Plus 4 Year 50K (£50,000 – £75,000 Price Band) £581.25 £681.25
GAP Plus 4 Year 50K (£75,000 – £125,000 Price Band) £725.00 £825.00