GAP insurance stands for Guaranteed Asset Protection Insurance. GAP insurance bridges the gap between the price you paid for your vehicle at the outset compared with the amount you receive from your insurer as a claims settlement.
In the event of a write off or theft, your motor insurer will only reimburse you the current market value of the vehicle - not what you paid for it. As a result, you could find yourself in one of the following predicaments as a result of vehicle depreciation:
InsuretheGap offer a wide range of GAP insurance policies to cover a range of purchase agreements:
This cover will pay the difference between the current market value of the vehicle and the net invoice price of the insured vehicle.
Visit for more information on Return to Invoice GAP Insurance
Pays the difference between the current market value of the vehicle and the net balance payable to the finance company at the time of the loss
Visit for more information on Return to Finance GAP Insurance
Pays the greater of the difference between...
The current market value of the vehicle and the net invoice price of the insured vehicle
orThe difference between the current market value and the net balance.
Visit for more information on Combined Total Loss GAP Insurance
Pays the difference between the current market value of the insured vehicle and the early settlement balance of the outstanding finance
This product is not available at the moment, but will be coming soon.
Visit for more information on Contract Lease Hire GAP
Pays the difference between your motor company insurance settlement and the market value of the vehicle as it stood on the day in which GAP insurance was purchased
This product is not available at the moment, but will be coming soon.
InsuretheGap offer a range of products that cover cars, vans and motorbikes. We cover vehicles up to the market value of £150,000 and unlike many GAP Insurance providers, we have no restrictions on performance vehicles, vehicle age, or mileage.
Please view the Policy Wording for full details on all exclusions.
Please view the Policy Wording for full details on all exclusions.
Yes. If you suffer a total loss and claim on your InsuretheGap policy it will cover up to £250 in excess charges as standard. You also have the option to upgrade your policy to cover £750 worth of excess, whether voluntary or compulsory when you purchase your policy.
Yes. All named drivers included on your Motor Insurance Policy are covered under your GAP insurance policy.
On average our claims are settled within 14 days.
Yes, whilst we have made every effort to keep our charges to a minimum, if you ask us to make changes to your policy in the future you may incur some additional charges.
Please consult the website terms and conditions and your policy documents for more information.
Please refer to the Transferring your Cover section within our policy wording for full information.
Yes you can. You can buy an InsuretheGap policy up to 180 days after the vehicle was purchased. So long as a Comprehensive Motor Insurance Policy is in place for the duration of your GAP Insurance, your policy will be valid.
All our policies require the premium to be paid in full in order for cover to be in place.
You have a cooling off period of 30 days from the date you purchase the insurance, provided you are not intending to submit a claim, or have already submitted a claim. You will be entitled to a full refund within the 30 day cooling off period.
Anyone wishing to cancel after the cooling off period will be entitled to a pro-rata refund of the premium, minus a £35 administration fee.
The maximum vehicle value we cover under our policies is £150,000.
The upper sum insured limit on an InsuretheGap policy £50,000. The sum insured varies by policy type, and based on the value of the vehicle that is being purchased. Please get a quote to see the level of cover that applies to your product choice and vehicle.
InsuretheGap policies are underwritten by MAPFRE Asistencia the leading underwriter of GAP Insurance in the UK.
MAPFRE ASISTENCIA Compania Internacional de Seguros y Reaseguros Sociedad Anonima which is authorised by Direccion General de Seguros y Fondos de Pensiones and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of regulation by the Financial Conduct Authority and Prudential Regulation Authority are available on request. MAPFRE ASISTENCIA Compania Internacional de Seguros y Reaseguros Sociedad Anonima is incorporated and registered in the Kingdom of Spain and registered as a foreign company in the United Kingdom with company number FC021974, acting through its UK branch with branch number BR008042 and its principal office is at Alpha House, 5th Floor, 24A Lime Street, London, EC3M 7HS
InsuretheGap policies can cover a minimum term of 12 to 60 months depending on your requirements and the type of policy selected. Simply select the length of cover you require from the drop down when generating a quote to see how the length of cover affects the policy price.