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GAP Insurance for new cars

Car

We all love the excitement of buying a new car but many people ignore GAP insurance when offered it at a garage or dealership.

If your vehicle is written off in a total loss claim, your insurance will pay out the market value of the vehicle prior to the accident.

This amount may be significantly lower than the amount you owe the company you are purchasing the vehicle from. Therefore GAP insurance is used to cover this financial gap. (If paying for your vehicle outright, then you will need our Invoice GAP product.)

Most of our GAP Insurance policies are priced between £199 – £250.

So if you are buying or have recently purchased a new car and want to avoid unnecessary costs in the event of a total loss claim, we are here to help.

Stuart & Co Insurance Consultants

T: 01480 433443

E: sales@stuartandco.co.uk

 

 

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