What Is Top-Up GAP insurance?
If your car is written off through accident, fire, theft or flood, Top-Up GAP insurance will aim to pay you an additional 25% of the total loss valuation of your vehicle at the time of the incident.
Subject to eligibility, Top-Up GAP insurance may be available for cars that are less than 10 years old at the cover start date and worth no more than £80,000. It does not usually matter how long ago you bought the car or how you bought it, but the vehicle must meet the insurer/provider’s eligibility criteria.
Top-Up GAP insurance is currently only available through our Arch-underwritten GAP insurance product range. This means some vehicles that are not eligible for Arch-underwritten GAP insurance, including Tesla vehicles, may not currently be eligible for a new Top-Up GAP insurance policy through GAPinsurance.co.uk – although customers seeking ongoing cover beyond the expiry of an existing policy on a since excluded vehicle can contact us for assistance.
The policy has a claim limit of £10,000, e.g. it’ll pay an amount equal to 25% of the total loss valuation of your vehicle or £10,000, whichever is the lower.
The policy may also provide cover for reimbursement of up to £750 of the excess you pay to your motor insurer for the same total loss claim. Where available, cover can also be upgraded to include the provision of a courtesy car for you to use for up to 28-days in the event of a total loss.
