Valuation GAP covers the difference between the valuation of the vehicle at the time of purchase of the GAP policy and the insurer payout at the time of a claim.
For example, if a vehicle is valued at £10,000 when the GAP policy is purchased, but the insurer payout after an accident is just £5,000, then the outstanding £5,000 loss is covered by the GAP policy. This policy also includes:
- No mileage limits
- Low monthly instalments
- UK-based call centre to manage all claims and enquires
- Fully transferable cover in the event of changing your vehicle
Plus, our GAP policies are valid for 3 years, which offers protection against the fast depreciation of vehicles in the current economic climate.