Comparing Top-Up GAP insurance

Whether you're comparing the cover features of our Top-Up GAP insurance policy with a policy available from elsewhere, or simply wanting a better understanding of our policy, the table below will help.


A-Rated Insurer?

ALL named drivers on your motor insurance policy, covered?

NO Pre-Approval clause with penalty?
Some policies from some GAP insurance providers strictly enforce that you must seek the claim administrator's approval before accepting an offer from your motor insurer, with you forfeiting some or all of your GAP insurance claim in the event that you don't.

Total Loss Courtesy Car available?
Provides the use of a courtesy car for up to 28-days in the event your motor insurer declares your vehicle a Total Loss and withdraws their courtesy car provision

Subject to an additional fee being paid.

Initial Cooling Off Period?
Cancel within this period and receive a full refund if no claim has been made


Pro-Rata rebate of unused premium if you cancel outsde of the initial Cooling Off Period?
If you sell your vehicle and cancel the policy early with no claim having been made, do you get some of your money back?

Daily Calculation

Pays out in cash to the policyholder?
Some GAP insurance policies from some providers will contractually oblige you to allow them to source your next vehicle for you. Others may insist that you deal with a motor dealer that they nominate to source your next car. Thereby denying you the flexibility to choose which car you get next, from which dealer or even whether you wish to use the funds towards a new car at all.

After all parties with an interest in the vehicle have been paid (e.g. a finance company), any/all excess funds are paid directly to the policyholder leaving them free to use those funds against the cost of sourcing any vehicle from any dealership of their choice.
If you sell your vehicle and have not claimed on your GAP insurance policy, can the unused portion be transferred forward on a new vehicle?
Yes - we will update your policy with your new vehicle details. No cancellation, transfer or admin fees will apply.
Will pay towards your Motor Insurance excess in the event of a successful Total Loss claim?

Maximum age of vehicle that can be covered?
10 years old
Maximum vehicle value?
Maximum Claim Limit available?
Maximum duration of cover available?
1 Year

Is there a cancellation Fee if cancelled outside of the initial Cooling Off Period?

Waived if a new policy is purchased.

How long after taking delivery of the vehicle, do have to buy Top-Up GAP insurance?

Any time
(As long as the vehicle is less than 10 years old at the start date or renewal date of the policy)

Allows for vehicles to be modified?