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GAP Insurance

Gap Insurance - including car gap insurance, van gap insurance, truck gap insurance (with van gap insurance and truck gap insurance coming under the general heading of commercial vehicle gap insurance) should be an essential part of your vehicle's insurance cover. With over half a million cars being written off each year by motor insurance companies as a result of accidents, fire or theft can you afford not to be covered by gap insurance?

Gap car insurance, van gap insurance, truck gap insurance – commercial vehicle gap insurance - will prevent you from suffering severe financial loss in the event that your vehicle is stolen or written off as a result of an accident or fire. Losing your vehicle is traumatic enough – by ensuring that you have sufficient car gap insurance, van gap insurance, truck gap insurance or commercial vehicle gap insurance you will have the extra security and peace of mind that these gap insurance policies bring by knowing that you will not incur a financial loss as well as a vehicle loss.

Car gap insurance can take many forms: new car gap insurance, used car gap insurance, finance car gap insurance, back to invoice new car gap insurance, back to invoice used car gap insurance, vehicle replacement new car gap insurance, vehicle replacement used car gap insurance – all of which are explained on elsewhere on this website – just click on the type of car gap insurance you are interested in. Gap car insurance can cover vehicles which are privately owned, or on contract hire or lease – as indeed can van gap insurance, truck gap insurance and commercial vehicle gap insurance. For the private individual gap car insurance gives protection and secure knowledge that their investment in their car is protected by their car gap insurance policy. Why hope that your car will never be stolen or written off and gamble that it won’t happen – for a one-off affordable payment the vehicle can be protected by gap car insurance.

For the business or corporate car user – whether there is one vehicle or several vehicles on a fleet – using car gap insurance to protect the vehicle or vehicles makes sound economic sense. The company’s vehicles or vehicle can be owned outright as a capital purchase in which case back to invoice new car gap insurance or back to invoice used car gap insurance, or vehicle replacement new car gap insurance or vehicle replacement new car gap insurance would provide full protection. For vehicles on contract hire or lease purchase then new vehicle contract hire car gap insurance or used vehicle contract hire car gap insurance are the policies which provide the car gap insurance required for this sector. If you unfortunately suffer a write off during the life of the contract hire or lease hire agreement then you may well find that you are still liable for any financial shortfall. Your contract hire or leasing company may require more than your motor insurer’s settlement – your gap car insurance will cover this shortfall, ensuring that you do not suffer a financial loss as well as a vehicle loss. The contract hire gap insurance and lease gap insurance policies are available for the period of cover that you require – for example you may have a four year contract hire or lease and have already owned the vehicle for two years, but with ala insurance you will only pay for the two years of cover that you need until the end of the contract. Some gap insurance providers will “back charge” you for the whole of the four year period, but ala insurance will not.

Commercial vehicle gap insurance – including new commercial vehicle contract hire gap insurance, used commercial vehicle contract hire gap insurance, commercial vehicle finance gap insurance, new commercial vehicle back to invoice gap insurance, used commercial vehicle back to invoice gap insurance, used commercial vehicle back to invoice gap insurance, vehicle replacement new commercial vehicle gap insurance, vehicle replacement used commercial vehicle gap insurance are all policies which will give peace of mind to the commercial vehicle owner. Commercial vehicles do suffer the same types of loss as private vehicles - whether due to accident, theft or fire and a commercial vehicle gap insurance policy will provide the protection against financial loss that the vehicle’s owner needs.

Car gap insurance policy wording - along with all the other types of gap insurance that we currently offer - is available to download from this website along with further helpful information. Additionally there are examples and illustrations of how the gap car insurance policies work and our team of advisors will be happy to answer any questions on gap car insurance, truck gap insurance, van gap insurance etc., that you may have. You can contact us by ringing the number above or by email - just click on 'Ask a Question' at the very top of the page.

For the car owner - whether brand new or pre-owned back to invoice new car gap insurance, back to invoice used car gap insurance, vehicle replacement new car gap insurance, vehicle replacement new car gap insurance will protect your capital investment in your vehicle. If you bought the car outright, or you have taken a loan or a personal contract purchase then car gap insurance will ensure full protection. Imagine having your vehicle written off and you still having to pay your bank or finance company for a vehicle which you no longer have - if you have a gap car insurance policy this won't happen to you, your gap car insurance policy will protect you against this happening.

For vehicles on contract hire or lease purchase, including vehicles on personal contract hire then new vehicle contract hire car gap insurance or used vehicle contract hire car gap insurance will provide the essential cover that you need. If your vehicle is on contract hire or lease purchase you could be left with a financial shortfall in the event of your suffering a write off - your contract holder may be looking for a high proportion of the balance of the payments due on the vehicle to the end of the contract - a new vehicle contract hire car gap insurance or a used vehicle contract hire car gap insurance will protect you and your investment for the life of the contract.