Gap Insurance

There are plenty of benefits to choosing GAP insurance for your lease car.

• Unlimited claims limits on vehicles up to £50k
• Cover for all named drivers on your policy
• Commitment to settle your claim within 10 days
• Covers motor insurance excess up to £250
• Defer your policy start date for free if you haven't got the car yet

GAP insurance doesn't pay out when a car is damaged but not declared a total loss, needs normal repairs or the necessary payments haven't been made. GAP insurance will pay out when a car is declared a total loss and there's a difference between what your main insurer will pay out and the lease/loan balance for the vehicle.

We've partnered with the UK's number one GAP insurance provider, DirectGap, to offer you cover from 1-5 years on Hire Purchase, Personal Contract Purchase and Personal Contract Hire (leasing) agreements.

Because cars lose their value over time, if your car is written off or stolen, your main insurance provider will only pay out what it’s worth at the time. What this means is that there tends to be a gap between the insurance pay out and the amount you need to repay your outstanding finance/lease agreement. This is where GAP insurance comes in, covering the shortfall so that you’re financially protected if your car is declared a total loss.