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Buy GAP Insurance so that you can protect your investment. Not paying cash for your vehicle? Then why risk being left paying for a vehicle you no longer have? Levels of protection will depend on your eligibility.
Tyre & Alloy Wheel Insurance cover the cost of punctures, blowouts, and cosmetic repairs to your tyres and alloy wheels. No excess to pay and instant cover from Brand New Cars ( T&C's Apply)
SMART Care & Alloy Wheel Insurance protects you against the cost of repairing minor scuffs, abrasions and dings to the bodywork and alloy wheels, including Diamond Cut. Terms and Conditions apply.
Motor Excess Insurance - To cover up to £1,500 of your motor insurance excess costs and charges in any one year. Cover available for private cars and motorbikes. From £14.99 a year for £300 cover.
Buy Tyre Insurance protect against punctures and blow outs: Runflat Tyres, Standard, self-healing and low profile tyres for cars up to 8 years old with up to 80,000 miles on the clock bought within the last 30 days.
There are a number of different types of GAP Insurance available for vehicle owners.
All are designed to top up your motor insurance settlement at the point of total loss. They simply differ in what they top you back up to. Here is how they work:
Return to Invoice GAP Insurance: to cover back to the original invoice price you paid
Vehicle Replacement GAP Insurance: to cover back to the cost of the equivalent replacement vehicle
Contract Hire & Lease GAP Insurance: to cover back to the outstanding lease settlement
Agreed Value GAP Insurance: to cover back to the value of your vehicle on the day you bought the policy
Top Up GAP Insurance: to add 25% to your motor insurers settlement, capped at £10,000
Finance GAP Insurance: to cover up to the outstanding finance settlement
Negative Equity GAP Insurance: to cover the outstanding finance settlement, including negative equity carried from your previous finance agreement.
Combined Return to Invoice GAP insurance can cover the difference, in the event your car is written off, between:
And the higher of:
Combined Return to Invoice GAP Insurance from GAPInsurance123 can be suitable for cars
This is the type of policy most commonly offered by dealerships. This policy is, effectively RTI GAP and Finance GAP Insurance rolled into one.
As well as Combined Return to Invoice it is also known as RTI GAP, Back to Invoice or Retail Price Protection.
Combined Vehicle Replacement GAP Insurance can cover the difference, in the event your car is written off, between:
and the higher of
Combined Vehicle Replacement GAP from GAPInsurance123 can be suitable for cars
Combined VRI from GAPInsurance123 is a Guaranteed Asset Protection product that rolls Vehicle Replacement, Back to Invoice and Finance GAP Insurance in one policy.
Combined Vehicle Replacement GAP is also known as VRI GAP Insurance, RVI GAP Insurance or Replacement GAP Insurance.
Lease & Contract Hire GAP Insurance can cover the difference, in the event your car is written off, between
and
OPTIONAL Deposit Protection can cover up to £3,000 of any advanced rentals paid. These can be claimed back to use as a deposit for your replacement car.
Contract Hire & Lease GAP Insurance from GAPInsurance123 can be suitable for cars
Contract Hire & Lease GAP Insurance is also known as Lease Shortfall or Finance GAP.
Buy GAP Insurance 123 Today
UK Based Customer Call & Claims Teams
All of Our Policies
are covered by The Financial Ombudsman Service
GAP Insurance Claims
Claims processes are Trading Standards Approved.
Policies Backed by the
Financial Services Compensation Scheme
Proud Members of BIBA
The British Insurance Brokers Association
We understand that reviews from previous customers are essential when looking for who to buy GAP Insurance from.
Real reviews from real people help keep the online community safe and help policyholders make informed choices about the levels of customer service, backup, and claim performance.
Since we launched online in 2011, GAPInsurance123 has collected reviews from a number of sources. These include:
Feefo (the company we use to collect reviews currently), in connection with Treefo, they now plant a tree on our behalf for every review or feedback we receive.
eKomi (a company we have used in the past to collect our customer reviews)
TrustPilot -We have no official link to TrustPilot, but customers can leave reviews because they use TrustPilot. However, we cannot verify these reviews.
Google Reviews - again, we have no official link with Google reviews, but customers can leave reviews via their Google accounts.
We are happy to confirm that, currently, GAPInsurance123 has received 10,724 reviews across all of the platforms highlighted above.
With Treefo, you can now help other consumers and also try to protect our environment.
Our aggregate average rating is 4.91 out of 5 (as of August 2024)
Are you covered outside the UK?
Your GAP Insurance covers you in the UK & any EU Member State T&C's Apply
How can you pay for your policy?
You can pay using any Major credit card, PayPal & AMEX or by a premium funding agreement.
Is there a claim limit on my GAP Insurance policy?
Vehicles up to £75,000 do not have a claim limit on RTI and VRI. Please check other policies for claim limits that apply.
Can I transfer my cover?
Subject to the eligibility of your next vehicle e.g. price, you can transfer cover free of charge T&C's apply.
Where are you based?
We are UK-based, as are our main Insurers. We also have a UK-based Customer Services & Claims Teams.
Do you pay for my excess?
Yes we pay up to £250 towards your
Motor Insurance Company Excess deduction
Do you cover my named drivers?
Yes, we cover named drivers over 18 named on your motor insurance.
Who gets paid my settlement?
We pay all settlements in Cash to you and not a "Pet" broker or dealership
Are your reviews genuine?
Yes. Our reviews have been collated by eKomi, TrustPilot, Google Reviews and Feefo since 2011.
Who owns GAP Insurance 123
We are proud to be part of the Aequitas Automotive Limited Group
Average GAP Claim Settlement £4,813.29
Largest GAP Claim Pay Out £25,108
Average GAP Claim Settlement £5.796.32
Largest GAP Claim Pay Out £39,980
Average GAP Claim Settlement £4,922.72
Largest GAP Claim Pay Out £21,269
Average GAP Claim Settlement £5,065.05
Largest GAP Claim Pay Out £31,286
Average GAP Claim Settlement £5,392.31
Largest GAP Claim Pay Out £32,905
As mentioned above, we have access to a number of underwriters' products through our company.
We do not sign one exclusive agreement with one underwriter.
We think that this puts us in the unique position of being able to offer choice.
One size does not fit all and having a choice of underwriters as well as policies helps us cherry-pick the most appropriate policy for you and the best deal we can.
Each underwriter will have slightly different terms and conditions so by having more than one we can hopefully offer a policy that suits you and your circumstance instead of trying to shoehorn you into a policy that may not have all of the features you want.
It also helps us drive the very best deal on premiums and features with insurers who want our business.
That value is passed to our customers.
We understand that marketing is important for any brand. However, we will not pay for any endorsement from any company unless we see it adds value to our customers. We know many of our rivals may appear to be 'recommended' by any number of well-known companies. What is less well known is that a commercial arrangement exists between a GAP Insurance provider and the company 'recommending' us. These commercial recommendations and ratings only add to costs unnecessarily, in our view. These costs would be added to the premiums you pay.
Some of the companies providing these 'recommendations' are not even registered with the FCA. This hardly puts them in a position to pass comments, in our opinion. We understand some of our rivals may not agree with our stance, which is fine. It is just not a route for us.
Over the years GAPInsurance123 has appeared on websites like Martin Lewis' Money Saving Expert, Honest John and Which?, as well as many car owners and enthusiasts forums like Pistonheads. All of these have been unpaid features and mentions.
We do pay for an independent expert to collate reviews on our services. We think this does add value to our customers and ourselves, and we display these on our website.
We are the first to recognise the value of the big comparison websites.
The likes of MoneySupermarket, Confused.com and GoCompare already currently offer GAP Insurance facilities.
However, the fees and/or commissions that the websites take from the sales of the products are just too high in our view.
We cannot see, at the cost levels they are, how this adds to the value for a customer.
Again, these costs would only have to be added to the premiums we would have to charge our customers.
We completely understand others may disagree, but for now we feel we can continue offering better value by staying off comparison websites and passing saving directly to you.
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