WHAT IS GAP INSURANCE?
If your vehicle is stolen or written off after an accident it is likely that your motor insurer will only pay the current market value for your vehicle. This amount could be less than what you still owe to your finance company and will be less than what you originally paid for your vehicle.
GAP insurance pays the difference from the insurance payout so you are not left out of pocket.
We provide a range of GAP covers that can cover your vehicle for up to 5 years*
Combined Purchase Price Protection & Finance GAP - In the event of a write off this returns you to the original invoice price of your vehicle or clears your outstanding finance if higher.
Lease GAP – Clears your outstanding lease charges in the event of a write off.
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*Purchase Price Protection provides cover for up to a maximum of 4 years from the purchase date of your vehicle.
**Buying your insurance online means that Brunsdon are unable to provide advice on the policy. “Choose Your Insurance” will be solely responsible for the transaction, and Brunsdon cannot take responsibility or accept any liability in relation to it. “Choose Your Insurance” is a trading name of Virtual Insurance Products Ltd. Virtual Insurance Products Ltd is authorised and regulated by the Financial Conduct Authority. Financial Services Register no: 307038. Registered Office: The Estate Office, Shadrack, Berry Pomeroy, Totnes, Devon, TQ9 6LR.