GAP Insurance

We offer three types of GAP insurance, each for a slightly different situation.

Return to Invoice Advanced Gap Insurance (RTIA)

This insurance is designed to cover you for the financial shortfall between the invoice price you paid for your vehicle (or the outstanding balance on your finance agreement) and the amount you receive from your Motor Insurance Settlement, if your vehicle is written off or stolen and not recovered^ⓘ.

The car must have been purchased within the last 30 days and the purchase invoice must be in the name of the policyholder.

See policy wording for details.

Agreed Value

This insurance is designed to cover you for the financial shortfall between the value of your vehicle as agreed at the time of purchasing your policy and the amount you receive from your Motor Insurance Settlement if your vehicle is written off or stolen and not recovered^ⓘ.

Agreed Value GAP is available when your vehicle was bought more than 30 days ago, or bought from a private seller and you do not have a purchase invoice.

The policyholder must be the legal owner of the vehicle.

See policy wording for details.

Contract Hire

This insurance is designed to cover you for the financial shortfall between the amount required to settle an outstanding contract hire agreement, up to a maximum benefit of £10,000, and the amount you receive from your Motor Insurance Settlement if your vehicle is written off or stolen and not recovered*.

The lease, or contract hire, agreement must be under 60 months and this does not include PCP (Personal Contract Purchase) agreements.

The vehicle must have been purchased within 30 days and the policyholder must be the person named on the contract hire agreement.

See policy wording for details.

^ⓘTerms, limits and exclusions apply.