United Kingdom
Suppose your vehicle is written off due to theft, accident, or damage. In that case, a standard insurer will normally only pay the current market value, which is often substantially lower than what you paid or owe. GAP Insurance (Guaranteed Asset Protection) provides coverage for the shortfall, so you do not have to pay for this out of your pocket.
For driving instructors, who are reliant on their vehicles daily, this is simply an extra layer of protection to protect you and your business from the unexpected.
In a matter of minutes, 100% digital, no long forms or phone calls, set up your policy.
Travel with the assurance that you will be covered in Europe for up to 90 days per year.
Choose the cover that fits your business, whether you are the outright owner of your car or you are on finance.
Driving instructors can find it easy to get effective coverage; everything can be processed online and in a few minutes.
In the event of a write-off of your vehicle, the payment made by your insurer may not be equal to your purchase price or outstanding finance. GAP insurance fills the gap, so you do not lose out on the money.
You will have the confidence of knowing that your investment in vehicles and business activities is covered under the GAP cover, making you get back behind the wheel.
Get a quote started today and ensure your vehicle in case you suffer unexpected financial loss.
GAP insurance insures the gap between any payment made by your car insurer (market value) and the purchase price or the outstanding finance/ lease amount.
Since your vehicle is your source of income, any deficit following a write-off may leave you without a vehicle, yet it has financial obligations. Gap cover means you will not get stuck out of pocket.
Yes, the GAP cover can be bought on vehicles purchased either outright, with a finance mortgage, or even as a lease, in case you have a full-fledged insurance cover too.
Yes, you are covered for European travel for 90 days annually. The long periods would demand more arrangements.
Policies will begin at approximately a month, depending on the value of your car, the type of cover, and the payment options.