Protect Your Investment With Expert GAP Insurance

Guaranteed Asset Protection, (GAP Insurance) protects you against financial loss if your vehicle has been declared a total loss or write off by your insurer. It covers the difference between your vehicle's purchase price and its current market value. If your car is involved in an accident, stolen or damaged by flood or fire, and deemed a total loss, your comprehensive insurer may only pay the market value for your vehicle at the time of the incident. This may leave you exposed to any remaining finance settlement charges, or the substantial loss suffered with the vehicle value depreciation.

It is under 10 years old and has a Purchase Price of £5,000 or more, at the Date of Purchase; It is the sole vehicle listed in the Finance Agreement (if any); It is a private car or light commercial vehicle not exceeding 3.5 tonnes; It is covered by a Comprehensive Motor Insurance throughout the entire Policy term; It is registered in the United Kingdom, Channel Islands or the Isle of Man

Any vehicle that is not a right hand drive vehicle; Grey Imports, emergency vehicles, commercial vehicles over 3.5 tonnes, taxis, courier vehicles, buses, minibuses, coaches, trucks, motor homes, trailers, heavy goods vehicles, licensed private hire vehicles, daily rental vehicles, breakdown and recovery vehicles; and vehicles used or insured for hire and reward, dispatch, driving school tuition, chauffeuring, road racing, track days (timed or untimed), rallying, pace-making, speed testing or any other competitive event; and any vehicle that has been Modified after the Date of Purchase.

Fortegra Europe Insurance Company SE 17, Office 13, SOHO Office The Strand, Fawwara Building, Triq I-Imsida, Gzira, GZR 1401, Malta.

A write off can be an unrecovered theft of vehicle, or damage caused by accident, theft, fire or floods to a level that makes it uneconomical to repair.

If you make a motor insurance claim that is not a write off, our Gap Insurance will pay up to £500 towards your motor insurers excess charge

The claim limit is £50,000 including any insurance excess up to £500.

Please refer to your policy terms and conditions for information on how to start a claim.

Yes. Return to Invoice (RTI) GAP cover is available for new or used cars purchased within the last 90 days (3 months). It covers the difference between your insurer's payout and either the price you originally paid, or the amount needed to settle your outstanding finance balance, whichever is the greater.

If you paid cash for your car, Gap Insurance will top up your motor insurer's payout - back to the price you originally paid for it. If you financed or leased, your debt will be paid, and there may be sufficient remaining to receive a surplus to use as a deposit for your next vehicle.

If you suffer a write-off and make a valid Gap Insurance claim with us, you may also qualify for up to 30 days car hire costs.

Yes, all named drivers on the motor insurance would be covered with Gap coverage.

This policy cannot be transferred to another insured vehicle or to any subsequent owner of the insured vehicle except in the following circumstances:

• Where ownership of the insured vehicle is transferred to a family member, then cover may be transferred so long as that family member meets the eligibility criteria.
• Where you are entitled to or are offered a replacement vehicle under the terms of the comprehensive motor insurance, and no benefit has been paid by us under the total loss cover section of T&C's, you will be entitled to transfer the remaining cover under this policy to your replacement vehicle so long as the replacement vehicle meets the eligibility criteria.

Please refer to your policy terms and conditions for information on how to cancel your policy.