ALA Insurance providing GAP, payment protection and early termination insurance for owners of leased vehicles

Home » Motorcycle GAP Insurance

Motorcycle GAP Insurance

Motor Cycle Gap Insurance is an essential part of your insurance cover on your motor bike. If you have a fully comprehensive insurance on your motor bike you should protect your self further with a Motor Cycle GAP Insurance Policy. In the event of an insurance write off or total loss through accident, fire or theft, your motor cycle insurer will only pay out the depreciated value of your motor bike - thus leaving you considerably out of pocket, and without a motor cycle.

Contract Hire Gap Insurance

Example:

Purchase price of:£12,500
After 27 months - write off value:£7,800
Shortfall: £4,700
GAP Insurance payment: £4,700

For a small premium, made as a one-off payment, you can protect your investment in your motor bike with a Motor Bike Gap Insurance policy. From our extensive knowledge of the GAP Insurance market place we have developed a highly specialised product for the motor cycle owner called Motor Cycle Back to Invoice Gap Insurance. GAP Insurance - the acronym stands for Guaranteed Asset Protection - provides cover against any financial loss or shortfall between the original invoice price of your motor cycle and your insurer's depreciated payment in settlement of a total loss claim.

The Motor Cycle Gap Insurance Back to Invoice policy will come into effect when your motor insurers agree that the motor cycle has been stolen and not recovered, or is damaged due to accident or fire and the insurer of your motor bike considers that it is beyond economical repair.

A Motor Cycle Gap Insurance Back to Invoice Policy will protect you against the shortfall from your motor insurer's payout - which will be only the depreciated value of your motor bike - and the original invoice price you paid for your motor bike(up to the agreed capped benefit level of the Motor Bike Gap Insurance Back to Invoice policy purchased). The GAP Insurance payment includes any factory fitted accessories you paid for when you purchased the motor bike; and the policy covers both new and second hand motor bikes, up to five years old

Am I eligible for cover?

Eligibility for cover with a Motor Bike Gap Insurance Back to Invoice Price Protection Policy is shown below:

  • The motor cycle is under 5 years old and registered in the UK.
  • The purchase price of your motor bike does not exceed £20,000.
  • The motor cycle must be covered by a UK comprehensive motor insurance policy.
  • The motor bike has been purchased from an authorised UK distributor.
  • The motor cycle is not on contract hire or leased.
  • The motor bike will not be used as a taxi; for self drive hire and reward; for motor bike courier work, for motor cycle delivery, as a service motor bike or used in any motor cycle competitions; motor bike speed testing; motor cycle road racing; pace making or motor bike rallies.
  • Your motor cycle is not a trike.

    • If your motor bike fulfills the criteria above then you should cover your investment with a Motor Cycle Gap Insurance Back to Invoice policy.

    Why risk losing money on your investment if your motor bike is subject to an insurance write off? Protect yourself and your investment against any shortfall with a Motor Cycle Gap Insurance Back to Invoice Policy now. We have varying levels of cover to ensure that you are able to purchase the right Motor Cycle Gap Insurance Back to Invoice policy to suit your needs. If you need further advice before making your purchase online please call us on 0845 130 5979 or 01653 604304.

    Protect your investment and avoid financial worry... Buy Back to Invoice Insurance online today

    Back to Invoice Insurance Quote