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.

A Map Of UK Policyholders

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

£1,086,438,384.94
(Total value of vehicles covered)

£4,150,611.71
(Total value of paid claims)

£49,475.00
(Largest claim to date)

£7,034.94
(Average claim payout)

UK GAP insurance claims by postcode area

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:

Mercedes-Benz E-Class

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

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

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

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

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

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

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

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

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 Navara

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

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

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

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

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

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.)

Skoda Kodiaq

Skoda Kodiaq
Lease began
GAP Claim
Contract Hire GAP Pay-out
October 2018
February 2020
£1,271
Length of ownership:
16 Months
Policy Cost:
The policy cost £94.53 (7.44% of the amount the policy paid out.)

Volvo XC60

Volvo XC60
Lease began
GAP Claim
Contract Hire GAP Pay-out
September 2017
February 2020
£1,172
Length of ownership:
29 Months
Policy Cost:
The policy cost £64.08 (5.47% of the amount the policy paid out.)

Vauxhall Astra

Vauxhall Astra
Lease began
GAP Claim
Contract Hire GAP Pay-out
August 2019
December 2019
£250
Length of ownership:
4 Months
Policy Cost:
The policy cost £68.80 (27.52% of the amount the policy paid out.)

BMW 4 Series

BMW 4 Series
Lease began
GAP Claim
Contract Hire GAP Pay-out
July 2019
November 2019
£277
Length of ownership:
4 Months
Policy Cost:
The policy cost £104.03 (37.56% of the amount the policy paid out.)

BMW 2 Series

BMW 2 Series
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
February 2019
£18,750
November 2021
£250
Length of ownership:
33 Months
Rate Of Depreciation:
An average of £7.58 per month
Total Depreciation:
1.33% of its original Invoice Price during the 33 months it was owned.
Policy Cost:
The policy cost £168.36 (67.34% of the amount the policy paid out.)

BMW 3 Series

BMW 3 Series
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
March 2021
£18,995
October 2021
£250
Length of ownership:
7 Months
Rate Of Depreciation:
An average of £35.71 per month
Total Depreciation:
1.32% of its original Invoice Price during the 7 months it was owned.
Policy Cost:
The policy cost £148.29 (59.32% of the amount the policy paid out.)

Mitsubishi Outlander

Mitsubishi Outlander
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
September 2020
£30,000
October 2021
£2,484
Length of ownership:
13 Months
Rate Of Depreciation:
An average of £191.08 per month
Total Depreciation:
8.28% of its original Invoice Price during the 13 months it was owned.
Policy Cost:
The policy cost £234.63 (9.45% of the amount the policy paid out.)

Audi A5

Audi A5
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
July 2021
£20,000
October 2021
£250
Length of ownership:
3 Months
Rate Of Depreciation:
An average of £83.33 per month
Total Depreciation:
1.25% of its original Invoice Price during the 3 months it was owned.
Policy Cost:
The policy cost £164.77 (65.91% of the amount the policy paid out.)

Nissan Qashqai

Nissan Qashqai
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
February 2019
£9,800
October 2021
£2,250
Length of ownership:
32 Months
Rate Of Depreciation:
An average of £70.31 per month
Total Depreciation:
22.96% of its original Invoice Price during the 32 months it was owned.
Policy Cost:
The policy cost £136.66 (6.07% of the amount the policy paid out.)

BMW 3 Series

BMW 3 Series
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
August 2021
£19,300
September 2021
£878
Length of ownership:
1 Months
Rate Of Depreciation:
An average of £878.00 per month
Total Depreciation:
4.55% of its original Invoice Price during the 1 months it was owned.
Policy Cost:
The policy cost £164.77 (18.77% of the amount the policy paid out.)

Kia Soul

Kia Soul
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
January 2019
£8,920
September 2021
£1,370
Length of ownership:
32 Months
Rate Of Depreciation:
An average of £42.81 per month
Total Depreciation:
15.36% of its original Invoice Price during the 32 months it was owned.
Policy Cost:
The policy cost £144.25 (10.53% of the amount the policy paid out.)

Ford Fiesta ST-Line

Ford Fiesta ST-Line
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
May 2019
£18,865
September 2021
£3,215
Length of ownership:
28 Months
Rate Of Depreciation:
An average of £114.82 per month
Total Depreciation:
17.04% of its original Invoice Price during the 28 months it was owned.
Policy Cost:
The policy cost £172.45 (5.36% of the amount the policy paid out.)

Skoda Fabia

Skoda Fabia
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
November 2020
£11,270
September 2021
£250
Length of ownership:
10 Months
Rate Of Depreciation:
An average of £25.00 per month
Total Depreciation:
2.22% of its original Invoice Price during the 10 months it was owned.
Policy Cost:
The policy cost £157.61 (63.04% of the amount the policy paid out.)

Land Rover Range Rover Evoque

Land Rover Range Rover Evoque
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
April 2019
£42,367
September 2021
£4,232
Length of ownership:
29 Months
Rate Of Depreciation:
An average of £145.94 per month
Total Depreciation:
9.99% of its original Invoice Price during the 29 months it was owned.
Policy Cost:
The policy cost £190.21 (4.49% of the amount the policy paid out.)

Peugeot 208

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.)

Peugeot 3008 SUV

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.)

Volvo XC60

Volvo XC60
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
April 2018
£17,389
August 2021
£4,800
Length of ownership:
40 Months
Rate Of Depreciation:
An average of £120.00 per month*
Total Depreciation:
27.60% of its original Invoice Price during the 40 months it was owned.*
Policy Cost:
The policy cost £285.00 (5.94% of the amount the policy paid out.)

Ford Fiesta

Ford Fiesta
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
July 2018
£12,000
July 2021
£9,300
Length of ownership:
36 Months
Rate Of Depreciation:
An average of £258.33 per month*
Total Depreciation:
77.50% of its original Invoice Price during the 36 months it was owned.*
Policy Cost:
The policy cost £249.64 (2.68% of the amount the policy paid out.)

Mercedes-Benz C-Class

Mercedes-Benz C-Class
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
September 2017
£34,141
July 2021
£18,280
Length of ownership:
46 Months
Rate Of Depreciation:
An average of £397.39 per month*
Total Depreciation:
53.54% of its original Invoice Price during the 46 months it was owned.*
Policy Cost:
The policy cost £254.73 (1.39% of the amount the policy paid out.)

Vauxhall Astra

Vauxhall Astra
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
November 2016
£22,901
June 2021
£14,892
Length of ownership:
55 Months
Rate Of Depreciation:
An average of £270.76 per month*
Total Depreciation:
65.03% of its original Invoice Price during the 55 months it was owned.*
Policy Cost:
The policy cost £166.09 (1.12% of the amount the policy paid out.)

BMW 4 Series

BMW 4 Series
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
April 2018
£23,494
June 2021
£11,350
Length of ownership:
38 Months
Rate Of Depreciation:
An average of £298.68 per month*
Total Depreciation:
48.31% of its original Invoice Price during the 38 months it was owned.*
Policy Cost:
The policy cost £232.75 (2.05% of the amount the policy paid out.)

Audi A4

Audi A4
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
April 2018
£27,500
May 2021
£15,415
Length of ownership:
37 Months
Rate Of Depreciation:
An average of £416.62 per month*
Total Depreciation:
56.05% of its original Invoice Price during the 37 months it was owned.*
Policy Cost:
The policy cost £367.00 (2.38% of the amount the policy paid out.)

Land Rover Range Rover Evoque

Land Rover Range Rover Evoque
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
April 2018
£27,750
April 2021
£8,250
Length of ownership:
36 Months
Rate Of Depreciation:
An average of £229.17 per month*
Total Depreciation:
29.73% of its original Invoice Price during the 36 months it was owned.*
Policy Cost:
The policy cost £267.62 (3.24% of the amount the policy paid out.)

Mitsubishi Outlander

Mitsubishi Outlander
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
July 2020
£34,130
February 2021
£9,775
Length of ownership:
7 Months
Rate Of Depreciation:
An average of £1,396.43 per month*
Total Depreciation:
28.64% of its original Invoice Price during the 7 months it was owned.*
Policy Cost:
The policy cost £235.10 (2.41% 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.