Скачать или смотреть Is Gap Insurance Right For You 1 Minute Read Video

GAP (Guaranteed Asset Protection) insurance covers the shortfall between what your car insurer pays if your vehicle is written off or stolen (its market value) and what you originally paid or still owe on finance. With cars losing up to 60% of their value in 3 years, that “gap” can be thousands of pounds.

It’s most useful for new cars, expensive models and cars that are financed or leased.

When buying, shop around; online providers are usually far cheaper than dealerships. Always check exclusions, eligibility, and policy details (not all cover is the same).

Bottom Line: GAP insurance isn’t for everyone, but if losing your car tomorrow would leave you with a big financial hole, it’s a smart safety net.

Read more at: https://www.directgap.co.uk/blog/gap-...