GAP Insurance

RAC

Why do I need Extra Value GAP Insurance?

It is a sad fact that vehicle related crime represents a significant percentage of all reported crime in the UK. How often have You heard of people who have had their vehicle stolen or written off and have not been able to replace their vehicle with another of a similar value?

This is because at the time of loss You will only be entitled to receive the current market value of Your Vehicle from Your insurance company, not what You paid for it.

How Extra Value GAP Insurance cover helps you.

In the event of Your Vehicle being written off through accidental damage, fire or theft, Extra Value GAP Insurance will cover the difference between the Market Value at the Point of Total Loss and up to 115% of the Market Value at the time of purchase (limited to an additional £1,500), or the Purchase Price, whichever is the lower for the term of Your Insurance.

'We pay for what Your insurance company does not.'

Extra Value GAP Insurance is Our commitment to helping You retain financial security and peace of mind when You need it most. You could receive up to the original Purchase Price.

The Cover

To take advantage of the benefits of Extra Value GAP Insurance Your Vehicle must be:

  • Insured by a Motor Insurance Policy issued by an authorised UK motor insurer, which insures against accidental damage, fire and theft
  • Listed in Glass's Guide