Customer Service Lines Open Mon-Fri 9am-6pm
Closed Saturday & Sunday & Bank Holidays
Please select some policies.
Which Gap Insurance is best for me, and how do I know I have picked the right one?
Gap insurance is like any other insurance; it is all about risk and how much of a risk you want to take. This means that if the thought of your car being written off and having to deal with any financial repercussions yourself does not phase you, then you may not need to ever consider any form of gap insurance.
If you prefer to know that if your car is written off, you have a policy in place to ensure that you are not left out of pocket, then gap insurance may be for you.
So which level of Gap Insurance coverage is best for you? 
A lot will depend on the age of your car and, importantly, how you have paid for it.
For example, if you have purchased a car using a form of contract/lease hire, then as you will never have the legal right to take full ownership of your vehicle at the end of the contract, the only level of cover available would be a form of Lease gap. We call his level of cover lease and contract hire gap insurance. This simply means that if your car is written off, your gap insurance policy would pay the difference between your motor insurance company's market value settlement and the amount outstanding on your lease. The reason that we are ambiguous about this "amount” outstanding on your lease is that each leasing company may call it something different. Please remember that any late payment charges and arrears would be deducted. *
If you have paid cash or a financial package, which means that you can take ownership at the end of your contract (PCP finance, for example), it will depend on what you want to happen in the event of a claim.
The good news is that both the levels of gap insurance we offer will protect the purchase price you paid for your car, so there is no right or wrong choice to make. Instead, it is more a question of how much protection you want. Combined return to invoice will top up your insurance companies’ settlement back to the invoice price you paid. From this, you can clear any finance, and the balance of funds is yours to spend as you see fit. So, in simple terms, you are protecting against any depreciation.
Vehicle replacement gap insurance takes the protection a stage further in so much as it not only protects the invoice price you paid but also any difference in appreciation of the replacement. This means that it would top you up insurance companies’ settlement back to the higher of either the invoice price you paid or the replacement cost of another vehicle, the same as yours was the first day you drove it home. As this level of gap insurance potentially gives you a higher settlement, it is a higher risk to the underwriters. Therefore, the premium will normally be slightly higher.
Again, we stress the is no right or wrong answer instead, it is a question of what is important to you.
Not sure which level of gap insurance is best for you? 
Simply click, and subject to eligibility, our system will highlight levels of cover for you to consider, as while we can point out the advantages of a policy and even discuss what policies may differ, this ultimately is a choice for you.
* For a full list of terms and conditions, please see your policy documents. These can be found above the price you have been offered and from the main menu under the section Important information.
Need Some Help?
HELP CENTRE
We are here to help! Search our help centre for any questions you may have.
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!
Nice and easy
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.
.jpg)