What is GAP Cover?
In short, GAP covers the difference between what you pay for your vehicle and what your insurer pays out for the vehicle at the point of a total loss (write off).
For example I buy a vehicle in 2015 brand new for £12,000. I have a claim in 2016 and my vehicle is written off, my insurer pays out (market value) of £8,500. Luckily I have Gap cover and this will cover the shortfall of £3500!
“My car dealership has offered me GAP cover. Why should i buy from you?”
Due to the large amount of cover you can get we are hearing that dealers are charging astronomical premiums for this product, making it sound cheaper by spreading it over 12/24 months!
Using this real life scenario you can decide who you should purchase from!
Customer Details:
Vehicle Value
£15,000
Claim limit
£5000
Cover period
3yrs
Car Dealership
£440
BG Insurance
£150
To arrange cover, please fill out the form.
Please fill out the form below to request a free call back within our opening hours (9am-5.30pm Monday-Friday, 10am-2pm Saturday)
Or alternatively call 01892 501852