Month: February 2019

#1 – Choose an A-Rated insurer FOUR unrated underwriters of GAP insurance have gone bust since 2016. If you buy GAP insurance backed by an unrated insurer, there’s an increased chance of you being left without cover, when it’s too late to source cover from any other provider. More details here: https://gapinsurance.co.uk/blog/index.php/2019/02/27/gap-insurance-whats-important-1/ #2 – Choose…

Avoid “Market Value” Clauses If your car is written off and your motor insurer pays you less than what the GAP insurer believes your car to be worth, a Market Value clause within the GAP insurance policy terms would allow the GAP insurer to avoid paying you the amount by which they believe your motor…

A Money-Back Guarantee Buy a GAP insurance policy from us and if you change your mind, you can cancel it within the first 30-days and receive a 100% refund. Find out more here: https://gapinsurance.co.uk/money-back-guarantee.asp

Cash Payouts If you make a claim on one of our GAP insurance policies, once any finance company with an interest in the vehicle (if applicable) has been paid the amount due to them, the remaining funds are paid directly to the policyholder. If you didn’t finance the vehicle (or the finance had already been…

UK Based Insurer Our GAP insurance policies are underwritten by a syndicate at Lloyd’s of London – a UK entity rated A, AA- and A+ by three of the world’s leading insurance rating agencies. FOUR, offshore underwriters of GAP insurance (two in Gibraltar and two in Denmark) have gone bust since 2016 alone! Does the…

Buy GAP insurance from an unrated, offshore insurer at your peril. Find out why here.