GAP insurance statistics
We're often asked questions like, "Is GAP insurance worth it?" and "Do many people buy GAP insurance?". Of course we know that the popularity and demand for GAP insurance has rocketed in recent years, that more people are buying GAP insurance than ever before and that we provide policies to people all across the UK.
We can tell you all these things... but sometimes it's just better to show you. So here goes...
Where we cover
We have policyholders all over the UK.
The map: shows the postcode areas in which we have GAP Insurance policyholders.
Cover and claim statistics
To our knowledge we're still the only GAP insurance provider which publishes claim statistics. The Financial Conduct Authority (FCA) have been toying with the idea of making it compulsory for GAP insurance claim statistics to be published by all providers - we've been doing it for years though.
Cover Statistics
£1,175,908,438.96
(Total value of vehicles covered)
£4,415,334.17
(Total value of paid claims)
£49,475.00
(Largest claim to date)
£7,064.53
(Average claim payout)
The map: above, shows (by way of postcode area) the location of claims that have been made on our Invoice and Replacement GAP insurance policies. The "Total value of vehicles covered" is displayed in real-time. The "Total value of paid claims", "Largest claim to date" and "Average claim payout" are derived from claim statistics which are updated once-per-month.
Recent GAP insurance claims
If you're not sure of the benefit of GAP insurance, check out some of our recently paid claims below:
Ford Fiesta
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
June 2022
£15,710
£4,028
- Policy Cost:
- The policy cost £99.96 (2.48% of the amount the policy paid out.)
Mercedes-Benz E-Class
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
September 2021
£24,670
£6,418
- Policy Cost:
- The policy cost £99.96 (1.56% of the amount the policy paid out.)
BMW 3 Series
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
June 2021
£15,580
£4,145
- Policy Cost:
- The policy cost £96.60 (2.33% of the amount the policy paid out.)
Volkswagen Golf
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
May 2021
£10,900
£2,975
- Policy Cost:
- The policy cost £126.84 (4.26% of the amount the policy paid out.)
Jaguar XF
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
December 2020
£8,753
£2,438
- Policy Cost:
- The policy cost £68.04 (2.79% of the amount the policy paid out.)
Toyota Hilux
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
August 2020
£23,602
£6,051
- Policy Cost:
- The policy cost £77.11 (1.27% of the amount the policy paid out.)
Toyota Auris
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
July 2020
£9,390
£2,448
- Policy Cost:
- The policy cost £96.60 (3.95% of the amount the policy paid out.)
Ford Focus
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
June 2020
£4,900
£1,225
- Policy Cost:
- The policy cost £68.04 (5.55% of the amount the policy paid out.)
Honda CR-V
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
November 2019
£7,230
£2,058
- Policy Cost:
- The policy cost £68.04 (3.31% of the amount the policy paid out.)
Audi A6
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
October 2019
£17,500
£4,455
- Policy Cost:
- The policy cost £68.04 (1.53% of the amount the policy paid out.)
Nissan Qashqai
Lease began
GAP Claim
Contract Hire GAP Pay-out
April 2021
April 2022
£3,933
- Length of ownership:
- 12 Months
- Policy Cost:
- The policy cost £112.29 (2.86% of the amount the policy paid out.)
Audi A3
Lease began
GAP Claim
Contract Hire GAP Pay-out
January 2022
March 2022
£2,260
- Length of ownership:
- 2 Months
- Policy Cost:
- The policy cost £138.43 (6.13% of the amount the policy paid out.)
BMW X3
Lease began
GAP Claim
Contract Hire GAP Pay-out
February 2020
February 2022
£3,670
- Length of ownership:
- 24 Months
- Policy Cost:
- The policy cost £154.09 (4.20% of the amount the policy paid out.)
Ford Fiesta
Lease began
GAP Claim
Contract Hire GAP Pay-out
July 2020
January 2022
£500
- Length of ownership:
- 18 Months
- Policy Cost:
- The policy cost £111.50 (22.30% of the amount the policy paid out.)
Nissan Navara
Lease began
GAP Claim
Contract Hire GAP Pay-out
October 2020
November 2021
£3,100
- Length of ownership:
- 13 Months
- Policy Cost:
- The policy cost £143.55 (4.63% of the amount the policy paid out.)
Land Rover Range Rover Velar
Lease began
GAP Claim
Contract Hire GAP Pay-out
March 2019
November 2021
£3,250
- Length of ownership:
- 32 Months
- Policy Cost:
- The policy cost £147.26 (4.53% of the amount the policy paid out.)
Mercedes-Benz EQC
Lease began
GAP Claim
Contract Hire GAP Pay-out
March 2021
November 2021
£3,000
- Length of ownership:
- 8 Months
- Policy Cost:
- The policy cost £253.29 (8.44% of the amount the policy paid out.)
BMW X1
Lease began
GAP Claim
Contract Hire GAP Pay-out
October 2019
August 2021
£2,855
- Length of ownership:
- 22 Months
- Policy Cost:
- The policy cost £94.82 (3.32% of the amount the policy paid out.)
Audi A3
Lease began
GAP Claim
Contract Hire GAP Pay-out
November 2020
April 2021
£3,538
- Length of ownership:
- 5 Months
- Policy Cost:
- The policy cost £138.43 (3.91% of the amount the policy paid out.)
Mercedes-Benz A-Class
Lease began
GAP Claim
Contract Hire GAP Pay-out
October 2019
February 2020
£935
- Length of ownership:
- 4 Months
- Policy Cost:
- The policy cost £88.20 (9.43% of the amount the policy paid out.)
BMW 1 Series
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
December 2021
£24,990
July 2022
£4,590
- Length of ownership:
- 7 Months
- Rate Of Depreciation:
- An average of £655.71 per month
- Total Depreciation:
- 18.37% of its original Invoice Price during the 7 months it was owned.
- Policy Cost:
- The policy cost £201.28 (4.39% of the amount the policy paid out.)
BMW 5 Series
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
November 2019
£23,464
July 2022
£1,978
- Length of ownership:
- 32 Months
- Rate Of Depreciation:
- An average of £61.81 per month
- Total Depreciation:
- 8.43% of its original Invoice Price during the 32 months it was owned.
- Policy Cost:
- The policy cost £154.51 (7.81% of the amount the policy paid out.)
Porsche Macan
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
January 2020
£33,272
July 2022
£1,490
- Length of ownership:
- 30 Months
- Rate Of Depreciation:
- An average of £49.67 per month
- Total Depreciation:
- 4.48% of its original Invoice Price during the 30 months it was owned.
- Policy Cost:
- The policy cost £234.63 (15.75% of the amount the policy paid out.)
Mercedes-Benz GLC-Class
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
February 2021
£29,000
June 2022
£250
- Length of ownership:
- 16 Months
- Rate Of Depreciation:
- An average of £15.63 per month
- Total Depreciation:
- 0.86% of its original Invoice Price during the 16 months it was owned.
- Policy Cost:
- The policy cost £234.63 (93.85% of the amount the policy paid out.)
Mercedes-Benz GLE-Class AMG-Line
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
September 2021
£48,299
June 2022
£1,470
- Length of ownership:
- 9 Months
- Rate Of Depreciation:
- An average of £163.33 per month
- Total Depreciation:
- 3.04% of its original Invoice Price during the 9 months it was owned.
- Policy Cost:
- The policy cost £202.73 (13.79% of the amount the policy paid out.)
Hyundai i30
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
April 2019
£14,000
April 2022
£749
- Length of ownership:
- 36 Months
- Rate Of Depreciation:
- An average of £20.81 per month
- Total Depreciation:
- 5.35% of its original Invoice Price during the 36 months it was owned.
- Policy Cost:
- The policy cost £138.90 (18.54% of the amount the policy paid out.)
Mini Cooper
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
March 2021
£20,409
March 2022
£150
- Length of ownership:
- 12 Months
- Rate Of Depreciation:
- An average of £12.50 per month
- Total Depreciation:
- 0.73% of its original Invoice Price during the 12 months it was owned.
- Policy Cost:
- The policy cost £178.57 (119.05% of the amount the policy paid out.)
BMW 4 Series
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
January 2020
£14,250
March 2022
£250
- Length of ownership:
- 26 Months
- Rate Of Depreciation:
- An average of £9.62 per month
- Total Depreciation:
- 1.75% of its original Invoice Price during the 26 months it was owned.
- Policy Cost:
- The policy cost £157.61 (63.04% of the amount the policy paid out.)
Kia Stonic
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
October 2021
£12,995
March 2022
£644
- Length of ownership:
- 5 Months
- Rate Of Depreciation:
- An average of £128.80 per month
- Total Depreciation:
- 4.96% of its original Invoice Price during the 5 months it was owned.
- Policy Cost:
- The policy cost £196.86 (30.57% of the amount the policy paid out.)
Audi A1
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
July 2021
£9,000
March 2022
£952
- Length of ownership:
- 8 Months
- Rate Of Depreciation:
- An average of £118.94 per month
- Total Depreciation:
- 10.57% of its original Invoice Price during the 8 months it was owned.
- Policy Cost:
- The policy cost £220.92 (23.21% of the amount the policy paid out.)
Nissan Qashqai
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
June 2018
£16,727
May 2022
£14,230
- Length of ownership:
- 47 Months
- Rate Of Depreciation:
- An average of £302.77 per month*
- Total Depreciation:
- 85.07% of its original Invoice Price during the 47 months it was owned.*
- Policy Cost:
- The policy cost £200.00 (1.41% of the amount the policy paid out.)
Skoda Superb
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
October 2016
£27,400
April 2022
£25,000
- Length of ownership:
- 66 Months
- Rate Of Depreciation:
- An average of AT LEAST £378.79 per month*
- Total Depreciation:
- AT LEAST 91.24% of its original Invoice Price during the 66 months it was owned.*
- Policy Cost:
- The policy cost £298.00 (1.19% of the amount the policy paid out.)
BMW 3 Series
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
March 2017
£15,988
March 2022
£12,500
- Length of ownership:
- 60 Months
- Rate Of Depreciation:
- An average of AT LEAST £208.33 per month*
- Total Depreciation:
- AT LEAST 78.18% of its original Invoice Price during the 60 months it was owned.*
- Policy Cost:
- The policy cost £246.60 (1.97% of the amount the policy paid out.)
Vauxhall Mokka
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
March 2018
£10,750
March 2022
£6,858
- Length of ownership:
- 48 Months
- Rate Of Depreciation:
- An average of £142.88 per month*
- Total Depreciation:
- 63.80% of its original Invoice Price during the 48 months it was owned.*
- Policy Cost:
- The policy cost £147.38 (2.15% of the amount the policy paid out.)
BMW 4 SERIES
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
April 2018
£26,000
February 2022
£13,075
- Length of ownership:
- 46 Months
- Rate Of Depreciation:
- An average of £284.24 per month*
- Total Depreciation:
- 50.29% of its original Invoice Price during the 46 months it was owned.*
- Policy Cost:
- The policy cost £251.16 (1.92% of the amount the policy paid out.)
Toyota GT86
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
December 2018
£22,000
December 2021
£4,198
- Length of ownership:
- 36 Months
- Rate Of Depreciation:
- An average of £116.61 per month*
- Total Depreciation:
- 19.08% of its original Invoice Price during the 36 months it was owned.*
- Policy Cost:
- The policy cost £305.63 (7.28% of the amount the policy paid out.)
Audi A6
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
February 2018
£26,478
November 2021
£18,405
- Length of ownership:
- 45 Months
- Rate Of Depreciation:
- An average of £409.00 per month*
- Total Depreciation:
- 69.51% of its original Invoice Price during the 45 months it was owned.*
- Policy Cost:
- The policy cost £229.26 (1.25% of the amount the policy paid out.)
Peugeot 208
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
March 2019
£14,561
November 2021
£8,612
- Length of ownership:
- 32 Months
- Rate Of Depreciation:
- An average of £269.13 per month*
- Total Depreciation:
- 59.14% of its original Invoice Price during the 32 months it was owned.*
- Policy Cost:
- The policy cost £162.37 (1.89% of the amount the policy paid out.)
Mercedes-Benz GLS-Class
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
March 2017
£62,485
November 2021
£45,030
- Length of ownership:
- 56 Months
- Rate Of Depreciation:
- An average of £804.11 per month*
- Total Depreciation:
- 72.07% of its original Invoice Price during the 56 months it was owned.*
- Policy Cost:
- The policy cost £424.75 (0.94% of the amount the policy paid out.)
Peugeot 3008 SUV
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
April 2018
£11,744
October 2021
£7,500
- Length of ownership:
- 42 Months
- Rate Of Depreciation:
- An average of AT LEAST £178.57 per month*
- Total Depreciation:
- AT LEAST 63.86% of its original Invoice Price during the 42 months it was owned.*
- Policy Cost:
- The policy cost £186.26 (2.48% of the amount the policy paid out.)
* - The Replacement GAP insurance rates of depreciation figures shown above reflect not only the depreciation of the original vehicle, but also the potential for the cost of the replacement vehicle to have been greater than the original purchase price paid.
At a glance statistics
Vehicles that we cover.
(Click on or hover over a segment)
The above chart shows a percentage-breakdown of all of our GAP insurance policies according to the make of vehicle that they cover. The top 10 vehicle makes are highlighted.
Claims by vehicle make.
(Click on or hover over a segment)
The above chart shows a percentage-breakdown of the vehicle makes which have been written off and for which we have paid claims. The top 10 vehicle makes are highlighted.
Claims by amount paid
(Click on or hover over a segment)
The above chart shows a percentage breakdown of the amounts that we've paid out in claims by vehicle make. The top 10 vehicle makes are highlighted.
What are people buying?
(Click on or hover over a segment)
The above chart shows a percentage-breakdown of the split between Invoice, Replacement & Contract Hire GAP insurance policies that have been purchased from us.
