GAP Insurance Options for Nissan by GAPInsurance123

 

Nissan, a brand that has seamlessly blended innovation, reliability, and style, has firmly established itself as a leader in the automotive world. With a legacy that spans decades, Nissan has consistently showcased its commitment to producing vehicles that resonate with drivers' evolving needs.

 

In the UK, Nissan's diverse range of vehicles, from practical hatchbacks to robust SUVs, has captured the hearts of many.

 

However, as with any significant investment, such as purchasing a Nissan, there's an inherent need for comprehensive protection. This is where GAPInsurance123 comes into play, offering a broad range of GAP Insurance solutions for Nissan owners. 

 

Delving into Nissan's Rich History

 

The roots of Nissan's journey began in 1910, with the Kaishinsha motor car works. The official Nissan Motor Co. Ltd name was established in 1934.

 

Since its inception, the brand has been a beacon of automotive excellence. From its humble beginnings in Japan to its meteoric rise on the global stage, Nissan has consistently pushed the envelope, introducing both performance-driven and reliable vehicles.

 

Over the decades, Nissan has rolled out several iconic models, including the legendary Skyline, the sporty Fairlady, and the powerhouse GT-R. Each model, in its own right, has contributed to Nissan's illustrious reputation.

 

In sustainable driving solutions, Nissan has been nothing short of a trailblazer. The Nissan Leaf, one of the pioneers in the electric vehicle segment, is a testament to the brand's unwavering commitment to environmental responsibility. As the world gravitates towards eco-friendly driving solutions, Nissan continues to lead the charge, championing the cause of sustainability.

 

A Closer Look at Nissan's UK Lineup

 

Nissan's current offerings in the UK are both diverse and impressive, catering to a broad spectrum of automotive enthusiasts:

Nissan Juke Hybrid: This model seamlessly marries performance with efficiency, offering an electrified driving experience perfect for urban escapades.

Nissan Qashqai: A favourite among many, the Qashqai, with its unique electrified experience, is versatile, making it ideal for city commutes and long drives.

Nissan X-Trail: This SUV, known for its robustness, also offers an electrified variant, ensuring that performance and eco-friendliness go hand in hand.

Nissan Ariya: Representing the future of driving, the 100% electric Ariya, with its e-4ORCE all-wheel drive, promises an unparalleled driving experience.

 

GAPInsurance123's options for GAP Insurance for Nissan Owners

 

Choosing GAPInsurance123 for your Nissan provides a promise of comprehensive protection. If you are looking for GAP Insurance for Nissan cars, then GAPInsurance123 is a great place to look. 

 

The basis of any cover is that our GAPInsurance123 Guaranteed Asset Protection products can top up the total loss settlement from your motor insurance company if they write off the vehicle following an accident, fire, flood or theft.

 

How much, or how, the GAP Insurance policy can top up the settlement from the motor insurer depends on how you have secured the vehicle and what type of GAP Insurance you have for your Nissan.

 

As there are many ways to buy or secure a vehicle, we provide you a range of GAP Insurance products at GAPInsurance123. Possibly we have the most extensive range of GAP products in the UK.

 

Here's a deep dive into the various GAP Insurance types we offer:

 

1. Return to Invoice GAP Insurance: Designed to cover you, in the event of a total loss, between the motor insurance settlement and the original invoice price you paid for the vehicle.

 

Imagine purchasing a brand-new Nissan Qashqai; a few months later, it gets stolen. Your car insurer might only cover the current market value, which could be significantly less than the invoice price you initially paid. Return to Invoice GAP Insurance covers this difference, ensuring you get back what you paid.

 

2. Vehicle Replacement GAP: Vehicle Replacement GAP is considered the most comprehensive GAP Insurance product in the market, particularly if you are buying a new car. VRI GAP is designed to cover you between the motor insurance settlement at the point of a total loss and the cost of the equivalent replacement vehicle when you make a claim.

 

As the equivalent vehicle could be more expensive than your original purchase price, a VRI GAP settlement could pay for this higher replacement cost.

 

However, not all Vehicle Replacement GAP Insurance products are the same. With GAPInsurance123, we provide three levels of GAP Insurance in one policy. In the event of a total loss, the VRI GAP product from GAP123 can cover you to the higher of:

• The outstanding finance agreement settlement.
• The original invoice price you paid for your Nissan.
• The cost of the equivalent vehicle at the time you make a claim.

 

The 3-in-1 Vehicle Replacement GAP from GAPInsurance123 is the most comprehensive VRI on the market today. Developed in 2015, we are pleased to say that many of our competitors now offer 3-in-1 Vehicle Replacement GAP too.

 

Let's say you buy a brand new Nissan Juke for £22,000 in 2023 and buy a GAPInsurance123 Vehicle Replacement GAP policy then. Two years later, the Juke is stolen. You owe £18,000 on your finance agreement. The equivalent brand new Nissan Juke is now £24,500.

 

Your motor insurer settlement is £16,000 for the market value of the Juke at the time it is written off.

 

Your GAPInsurance123 Vehicle Replacement Insurance policy, will look at three figures. The outstanding finance settlement (£18,000), the original Invoice price you first paid (£22,000) and the cost of the equivalent brand new Nissan Juke at the time of the claim (£24,500).

 

In this case, the highest figure of the three is £24,500 for the replacement cost. So, the VRI GAP from GAPInsurance123 will cover the difference between the settlement from the motor insurance company (£16,000) and the cost of the replacement Juke (£24,500).

 

If you are looking for GAP Insurance for Nissan for a brand new vehicle, then 3-in-1 Vehicle Replacement GAP from GAP123 is hard to beat.

 

3. Lease GAP: For those who've opted to lease their Nissan, this is the specific policy for that purpose. A lease differs from HP, PCP or cash buys; you cannot own the vehicle with a contract hire style lease. Lease GAP covers any financial shortfall between the motor insurance payout and the outstanding lease settlement if your leased Nissan meets an untimely end. Thus this prevents a financial loss for you.

 

An added option on Contract Hire and Lease GAP Insurance is where you can protect the advanced rental payment on the lease agreement. This usually is a multiple of monthly rentals, paid upfront, like a deposit rental if you like. The optional deposit protection cover allows you to reclaim this advanced rental as a deposit on your replacement vehicle.

 

4. Agreed Value GAP: Especially beneficial for used Nissan cars bought privately or where your current Nissan GAP Insurance cover is running out.

 

This policy is based on your vehicle's valuation at the policy's inception, as defined by Glass's Guide Retail price. If your Nissan is written off, the Agreed Value GAP cover can top up your motor insurers' settlement to the 'agreed value' set at the policy start date.

 

Do you have to take the Nissan GAP Insurance quote you get from your Nissan Dealer?

 

No. GAP Insurance is a type of insurance you can get from several places. The manufacturer-endorsed Nissan GAP Insurance is just one option. Buying Nissan GAP Insurance from the dealer can be convenient, but often comparing your Nissan GAP Insurance quote to a comparable quote from an independent specialist, like GAPInsurance123, can provide significant savings.

 

 

FAQs

 

Why is GAP Insurance important for my Nissan?  

All cars, including Nissan, depreciate over time. In unfortunate events like theft or total loss, traditional car insurance might not cover the full amount you owe or certainly paid. GAP Insurance bridges this 'gap'.

 

Can I get GAP Insurance for my used Nissan?

Absolutely! GAPInsurance123 offers Agreed Value GAP, perfect for used cars bought privately. If you have purchased a used Nissan, then a Return to Invoice GAP, which covers the original net invoice price you paid, can do the trick.

 

How does GAP Insurance complement my standard car insurance?

While standard car insurance covers the current market value of your Nissan, GAP Insurance ensures you receive the amount you initially paid or owe, offering complete financial protection.

If your car insurer writes the car off, and it is a fault claim, your motor insurer will normally deduct an excess from the settlement. GAP Insurance policies can contribute towards that motor insurance excess deduction in most cases.

 

Is GAP Insurance a one-size-fits-all solution?

No, GAPInsurance123 offers a range of GAP Insurance solutions, ensuring that whether you've bought, leased, or financed your Nissan, there's a policy that fits your needs.

There may also be significant exclusions like specific commercial uses like couriers, private hire taxis and driving schools (although options may exist).

 

What other types of insurance can you get from GAPInsurance123?

GAPInsurance123 is not just about GAP Insurance coverage for your Nissan. We can also offer a range of products like alloy wheel insurance, cosmetic repair insurance, tyre insurance and motor excess insurance.

 

Please note: GAP Insurance products from GAPInsurance123 are not officially endorsed by Nissan and are unavailable from Nissan showrooms. Any GAPInsurance123 branded product can only be purchased from the official GAPInsurance123.co.uk website.

Published 12/8/23, written by Mark Griffiths