Gap Insurance
Compare Cheap Gap Insurance Quotes
Compare Gap Insurance policies from leading UK providers with MoneyRaters.com. We provide you with the information you need to make an informed decision, from the cost of the policy to the levels of cover available.
Our Top Gap Insurance Providers
Compare Cheap Gap Insurance Quotes
If you’re looking for Gap Insurance in the UK, MoneyRaters.com can help. We compare a range of providers to find you the best deal, and you can look out for our price cut banner to see which of our providers could offer you a discount. Our Gap Insurance covers the difference between the amount you paid for your car and the amount your car insurer will pay out if it’s written off or stolen. It’s a great way to protect your investment and give you peace of mind.
Gap insurance provides coverage for the difference between the amount you owe on your car loan or lease and the amount your car is worth at the time of a total loss. It can help protect you from owing money on a car that has been totaled or stolen.
The differences between the Gap Insurance policies offered by different providers can vary significantly. Some of the key factors to consider when comparing policies include the type of coverage offered, the cost of the policy, the length of the policy, and any additional benefits or features included. It is important to read the policy documents carefully to ensure you understand the coverage and any exclusions that may apply. Additionally, it is important to compare the customer service and claims process offered by each provider to ensure you are getting the best value for your money.
Gap insurance is a type of insurance that covers the difference between the amount you owe on a vehicle loan or lease and the amount your vehicle is worth at the time of a total loss. This type of insurance can be beneficial compared to other types of insurance because it can help protect you from financial loss if your vehicle is totaled or stolen. Gap insurance can also help cover the cost of a new vehicle if your current vehicle is totaled or stolen. Additionally, gap insurance can help cover the cost of any negative equity you may have in your vehicle, which can help you avoid owing more money than the vehicle is worth.
How Can We Help You With Gap Insurance Today?
Gap insurance is a great way to protect yourself financially if your car is written off or stolen. It covers the difference between the amount your insurer pays out and the amount you originally paid for the car, or the amount you still owe on a finance agreement. Our gap insurance service makes it easy to find the right product for you, whether you’re looking for return to invoice, return to value, or vehicle replacement cover.
Our guides provide more information on the different types of gap insurance, as well as the answers to frequently asked questions. We can also help you understand how gap insurance works, the benefits of having it, and how to make sure you’re getting the best deal.
We also have plenty of advice on wider motoring and insurance issues, such as how to make a claim, what to do if your insurer rejects your claim, and how to save money on your gap insurance. With our help, you can make sure you’re getting the right cover for your needs.
Gap Insurance FAQs
Frequently Asked Questions - Gap Insurance
What is Gap Insurance?
Gap Insurance is a type of insurance that covers the difference between the amount you owe on your car loan or lease and the amount your car is worth in the event of an accident, theft, or natural disaster. It is designed to protect you from financial loss if your car is totaled or stolen.
What are the benefits of Gap Insurance?
The main benefit of Gap Insurance is that it can help protect you financially if your vehicle is stolen or written off. It can cover the difference between the amount you owe on your car loan or lease and the amount your insurance company pays out if your car is stolen or written off. This can help you avoid having to make up the difference out of your own pocket.
What types of Gap Insurance are available?
The most common types of Gap Insurance available in the UK are Return to Invoice Gap Insurance, Vehicle Replacement Gap Insurance, and Finance Shortfall Gap Insurance.
Return to Invoice Gap Insurance covers the difference between the amount you paid for your vehicle and the amount your insurer pays out if your vehicle is written off or stolen.
Vehicle Replacement Gap Insurance covers the difference between the amount you paid for your vehicle and the amount your insurer pays out if your vehicle is written off or stolen, plus the cost of replacing your vehicle with a new one.
Finance Shortfall Gap Insurance covers the difference between the amount you owe on your finance agreement and the amount your insurer pays out if your vehicle is written off or stolen.
What is the difference between Gap Insurance and Return to Invoice Insurance?
Gap Insurance and Return to Invoice Insurance are both types of car insurance that provide financial protection in the event of a total loss. Gap Insurance covers the difference between the amount paid out by the insurer and the original purchase price of the car, while Return to Invoice Insurance covers the difference between the amount paid out by the insurer and the original invoice price of the car.
What is the cost of Gap Insurance?
The cost of Gap Insurance can vary depending on the type of coverage you choose and the value of your vehicle. Generally, Gap Insurance can cost anywhere from £100 to £400 per year.
Compare Gap Insurance
MoneyRaters.com makes it easy to compare Gap Insurance quotes online. It's easy to compare quotes - just fill out a few details about yourself and away you go!
