Don’t let a write off write you off
Kompare will assist you every step of the way. We work and kompare prices from the UK’s leading GAP Insurance providers so you don’t have to.
Finding cheap GAP Insurance is just one click away.
If your car is written off, you’ll only have your motor insurance pay-out to help you. If you also have outstanding finance on your now written-off vehicle, your insurance pay-out may not be enough to cover the payments. With GAP Insurance at hand, this will now be possible. /p>
Driving is a dangerous game. You can’t see into the future and prevent events that may occur. What you can do it be prepared for the worst so it doesn’t hurt you financially later down the line. By finding GAP Insurance with Kompare, you won’t need to worry.
This is the highest level of GAP Insurance available today. It’s a combination of multiple GAP Insurances - so it provides the best of all cover levels. In the event of your vehicle being declared a total loss, Replacement GAP Insurance aims to pay the difference between your vehicle insurance pay-out and other variables that affect the write off including any outstanding finance on your vehicle.
This is the most commonly purchased type of GAP Insurance in the UK as it’s the highest level usually offered by motor dealers. Invoice GAP Insurance aims to pay the difference between your vehicle insurance pay-out and other variables that affect the write off such as the original invoice price that you paid for your vehicle.
If your vehicle is subject of a Contract Hire / Lease agreement and is declared a write off, your vehicle insurance will most likely fall short of being able to pay it off. With Contract Hire GAP Insurance, it’ll make the payments a bit more manageable and help cover the costs of the remainder of your agreement.
This is a 1-year long annually renewable GAP Insurance policy available for a vehicle up to 8-years old, and worth up to £80,000. If your vehicle is written off, Top-Up Gap Insurance aims to top-up your vehicle insurance by up to 25%. It will even cover up to £250 of any excess that’s due to your insurance provider.
We understand that taking out GAP insurance can seem quite daunting. That’s why we’ve put together a collection of FAQs to answer any questions that you may have.