From April 1st, 2021 (no exceptions), the following eligibility criteria will apply for our GAP insurance policies:
Invoice GAP insurance: available for:
- a car purchased from a motor dealer within the last 3-months.
- a car purchased for a maximum of £100,000 (if you purchased a vehicle for between £100,001 and £125,000 please contact us as we *may* still be able to assist).
- a car which is less than 8-years old at the time of buying the policy.
- a maximum duration of 4-years.
See additional eligibility criteria here.
Replacement GAP insurance: available for:
- a car purchased brand new (you are the very first registered keeper) from a motor dealer within the last 30-days.
- a car purchased for a maximum of £35,000.
- a maximum duration of 3-years.
See additional eligibility criteria here.
Contract Hire GAP insurance: available for:
- a car with a P11d value of a maximum £100,000 (if your car has a P11d value of between £100,001 and £125,000 please contact us as we *may* still be able to assist)
- a car which is less than 8-years old.
- a Contract Hire agreement for which there is more than 12-months remaining until the end of the lease term (8-months in the case of a 1-year lease).
See additional eligibility criteria here.
Top-Up GAP insurance: available for a car:
- which is less than 8-years old
- bought up to 8-years ago
- purchased either privately or from a motor dealer
- worth no more than £80,000
See additional eligibility criteria here.
All the above considered, if you’re contemplating GAP insurance and require assistance, contact us.
HTH
