GAP Insurance
GAP Insurance (also known as Car Depreciation Insurance) covers the difference between a car’s value when you take out a policy, and what the insurance company offers you in the event of a write-off or theft – potentially £1000s. As cars are continually depreciating, it’s a great way to freeze its value so you’re not left out of pocket.
Reasons to Buy Car GAP Insurance
- If your car’s stolen/written off, reclaim what you originally paid – potentially £1000s
- An affordable, peace-of-mind complement to comprehensive car insurance
- Available for new cars and cars up to seven years old
- Available for cars owned outright, on lease, contract hire or finance
- If the car is stolen/written off, the GAP insurer can help negotiate settlement
Find Out More About Auto GAP Insurance
If you want to get back what your car’s worth now instead of what it may be worth if stolen or written off in the future, get a quote. Want to learn more about auto GAP Insurance, including the different types available? Then check out Confused.com’s Guides to GAP Insurance.