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New Lease Gap product available from Aequitas Automotive


GapInsurance123 is pleased to confirm an addition to the portfolio of products available from Aequitas Automotive Ltd. Having access to a number of sister brands in EasyGap, Shortfall.co.uk, Totallossgap.co.uk and TyreInsurance123 means we can compare products from a panel of insurers. We are able to dispassionately compare product features that enable us to provide the very best value and features in our view. This approach may give you distinct advantages over some providers who take a more 'all eggs one basket' approach to their product supply.


Around a year ago GapInsurance123 was the first of the notable independent Gap Insurance providers to add 'Deposit Protection' to our Finance GapInsurance123 blogand Contract Hire Gap Insurance. This allowed purchasers to protect the initial rental deposit (ie 9+35) on a lease agreement. This would not be able to be recovered from a claim on a standard Contract Hire Gap policy.


Such has the popularity been with this feature that we have not only seen terrific uptake and feedback from our customers but we have also seen some of our competitors add this feature to their equivalent product. Imitation is the sincerest form of flattery.


Never one to rest on our laurels we have been working with our insurance partners to see if we cannot tweak and change to provide even better insurance options.

New Contract Hire/Lease Gap Insurance from Total Loss Gap



We are pleased to announce that we now have an alternative Contract Hire Gap Insurance product available with our sister website Totallossgap.co.uk that could, for certain customers, offer even better cover than the product on GapInsurance123.

So why is the Total Loss Lease Gap Insurance policy different. There are three reasons:
  • the premium you pay is calculated not on the purchase value of the vehicle but just on the monthly rental and duration of the lease
  • there is no upper 'claim limit' on the policy
  • you can protect up to £3000 of an initial deposit rental
This may give a better option for certain lease agreements, examples of this may include:
  • where you have put a larger deposit into the lease to reduce your monthly rentals. Where the premium is calculated using the vehicle value you may end up paying a higher premium than you would with Total Loss
  • where you have put a large initial deposit rental down you can now recover this if that option is taken
  • where you may not be sure of what claim limit you may need to cover your lease. With Total Loss Lease Gap there is no claim limit
If you would like us to discuss these options in greater detail please feel free to call us on 0800 195 4926. Alternatively, you can get a Contract Hire Lease Gap Insurance quote via the Totallossgap.co.uk website to compare.