Did you know that if your car is written off or stolen your standard insurance policy may not cover any outstanding credit balance? This means that if you have bought your car on a lease deal, hire purchase or a loan you could be left making payments on a car you no longer have.
Guaranteed Asset Protection (GAP) insurance offers you peace of mind by ensuring that should the worst come to the worst, you will receive the full amount you paid for your car*.
This is especially comforting if you have a finance agreement on your car as it will ensure that you don't end up facing any nasty bills to bridge the gap between what you owe on your car loan and what your insurance has paid out.
GAP cover has been designed to protect any driver that is at risk of being left with a substantial bill should something untoward happen to their vehicle. It's particularly useful for:
There are several types of GAP insurance policies and the easiest way to ensure that you get the right one for you is to talk to your local Coversure office. Coversure's insurance experts will talk you through the various options – Return to Invoice, Finance GAP, Return to Value GAP and Equivalent Value GAP – and help you receive the motoring peace of mind that comes with GAP insurance.
For more information get in touch with your local Coversure Insurance broker today.
To make getting the best GAP cover even easier, Coversure can offer you a range of flexible payment methods including cash, cheque, all major credit cards and various payment by instalment plans.
If you'd like to know more about our flexible payment options for business cover then please contact your local Coversure office by clicking here.
*Terms and Conditions apply
If you want our best price for your insurance or just want to make sure you have exactly the cover you need, it’s best to talk to your local Coversure office who will have access to our latest schemes and discounts.
Simply enter your postcode and find the contact details for your local office.