Compare GAP Insurance Quotes

The best GAP Insurance comparison for new and used cars, motorcycles, motorhomes and vans. Get an instant quote now.

What is GAP Insurance?

GAP, or “Guaranteed Asset Protection”, insurance is a form of financial protection which pays the difference between the amount you paid for the vehicle and what the motor insurer pays you in the event of an incident.

GAP insurance is not a replacement for any other form of financial protection and usually needs another insurance policy alongside it to be valid.

GAP insurance works by making up the difference in pay-out between what your insurance company will pay and the value of your vehicle should an accident occur.

Over time vehicles depreciate, meaning that if your vehicle is stolen or written off it can be rather hard to purchase a vehicle with similar specifications from the insurance company’s total pay-out.

Get A Quote For All Types of Vehicle

Our comparison service offers GAP insurance on cars, motorcycles, motorhomes, and vans. GAP insurance allows you to find multiple quotes from a range of insurers, meaning that you’ll get the ability to compare a range of different policies at the best prices and find the correct policy for you.

Is GAP Insurance Only For New Vehicles?

GAP insurance isn’t just for new vehicles you can get GAP on a range of different vehicles of all conditions.

Reasons you might want to invest in GAP insurance can include:

Do You Need GAP Insurance?

GAP insurance is not a legal requirement in the UK; therefore you do not have to have it by law.

Nor is it essential to have GAP insurance if you own a vehicle, but it does aid you should something happen and you have to make a claim regarding your vehicle.

GAP insurance works alongside your vehicle’s normal insurance as mentioned earlier. If you’re within the first year or two of owning a brand-new vehicle with fully comprehensive insurance you may not need GAP insurance. It’s best to check your insurance policy wording and if you’re still unsure, ask your insurer directly.

What Are the Different Types of GAP Insurance?

Through our online GAP insurance comparison service you can receive quotes for four different vehicle types. These include cars, motorcycles, vans and motorhomes.

However, through our quote journey you may also see that there are four different types of GAP insurance to choose from, so here is a basic breakdown of each one:

What Does GAP Insurance NOT Cover?

GAP insurance is not a replacement for any other form of insurance, whether that is SORN or normal Car insurance. GAP insurance will not cover you in the event of an accident, nor will it cover the costs of any repairs that your vehicle needs. GAP insurance works alongside other insurances, often paired with a fully comprehensive, to pay the difference between the value of the vehicle and what your insurance pays out during the event of an accident.

When Don’t You Need GAP Insurance?

As with everything, you might not need GAP insurance depending on your circumstances.

Here are some common reasons to consider as to why you may not want to get GAP insurance:

You don’t need a replacement vehicle of equal value. If you aren’t worried about the depreciation that your vehicle will inevitably accumulate, then there is no need to worry about GAP insurance. Should your vehicle become stolen or you have an accident at it is written off your insurance may pay out enough for you to get an equal vehicle of similar value and age depending on the circumstances.

Your vehicle is second-hand. Whilst you can still get GAP insurance for second-hand vehicles, especially if you’ve taken out a loan to acquire it, you might not want GAP insurance.
You have fully comprehensive insurance, and your vehicle is less than one year old. Usually, if an incident where your insurance company has to pay out occurs you will find that newer vehicles less than a year old will be fully covered. This is because most of the fully comprehensive vehicle insurances offer a new vehicle replacement within the first one-to-two years of a vehicle’s life. You must read your vehicle insurance documents carefully and ask your insurer should you have any questions regarding your cover.