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GAP Insurance features from GAPInsurance123 - Motor Excess Deduction Contribution.
In recent years, the cost of motor insurance has skyrocketed, largely due to a significant increase in personal injury claims.
This has led to higher premiums for drivers across the board. As a consequence, there has also been a mitigating increase in the size of the excess contributions on motor insurance policies.
The excess is the first part of any cost of a claim. It is paid or deducted from a settlement by the policyholder. The idea is that by committing to a higher excess (which can be made up of voluntary and compulsory elements), the overall cost of an annual motor insurance premium can be reduced. .png "GAP Insurance quote")
If a vehicle is written off, then the motor insurer can deduct the excess amount from any settlement they may pay. This means a policyholder will get less than the market value for the vehicle following the excess deduction.
However, there's a silver lining: A GAP Insurance policy from GAPInsurance123 offers policies that come with an excess contribution as part of a successful claim.
Additional Benefits as Standard: Covering Your Motor Insurance Excess
GAPInsurance123 goes the extra mile by contributing the first £250 towards your own motor insurance policy excess deduction in the event your vehicle is declared a total loss by your insurer.
So, if you have an excess on your motor insurance, GAPInsurance123 has got you covered, ensuring you don't lose out financially.
Comprehensive Coverage Across All Policies
This unique feature is not limited to specific types of policies.
Whether you have a return-to-invoice, vehicle replacement, finance and contract hire GAP, or agreed value GAP insurance cover, you can expect the same excess contribution feature.
Why Choose GAPInsurance123? .png "GAP Insurance 123")
GAPInsurance123 is one of the best-known, longest-established GAP Insurance brands in the market today. The GAPInsurance123 brand first appeared online in 2011 and has provided cover to tens of thousands of UK vehicle owners since then.
Our longevity allows us to provide the product features you actually need. We have a wealth of experience analysing claims and considering customer feedback allows us to put together the most comprehensive products in the market.
Remember also, the motor insurance excess contribution only comes into play if the vehicle is written off. It is also capped at £250. If you have a simple bump, or your excess is higher than £250, then you can take an additional Motor Excess Insurance policy to top up your £250 or cover a claim where the vehicle is not written off.
Published 29/8/23, written by Mark Griffiths
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Easy straight forward and good value.
Really easy to understand, good value, simple to set up
Very impressed with the help I received over the phone from **** explained my options very clearly and guided me through the process of applying for cover. I've used GapInsurance123 before and am very happy to do so again!
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Amazing & easy
Always easy to do business with and staff are very helpful and efficient
Thank you Jackie for your help. Highly appreciated for great service...!
Quick simple process, appreciate note about 12 month vehicle replacement may be covered on my insurance already, it was.
I called to clarify a couple of things before purchasing and spoke to a lady called Jackie, very pleasant and extremely helpful. I wouldn't hesitate to recommend GAP 123.
Great service, very friendly call handler
easy site to used very pleased with price
VERY EASY TO USE AND COMPLETE. EXCELLANT PRICE HIGHLY RECOMMEND.
Very quick an easy, but the only slight disappointment is that is no where to get your existing customer discount on the web site. You have to phone for that and if you need the cover to start at the weekend you miss out. Shame.
good
Really easy to understand and follow.
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