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

£984,426,228.97
(Total value of vehicles covered)

£3,973,063.27
(Total value of paid claims)

£49,475.00
(Largest claim to date)

£7,290.02
(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:

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.)

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 X3

BMW X3
Lease began
GAP Claim
Contract Hire GAP Pay-out
May 2019
September 2019
£774
Length of ownership:
4 Months
Policy Cost:
The policy cost £101.61 (13.13% of the amount the policy paid out.)

Honda CR-V

Honda CR-V
Lease began
GAP Claim
Contract Hire GAP Pay-out
June 2018
September 2019
£250
Length of ownership:
15 Months
Policy Cost:
The policy cost £136.83 (54.73% of the amount the policy paid out.)

Audi A5 Cabriolet

Audi A5 Cabriolet
Lease began
GAP Claim
Contract Hire GAP Pay-out
March 2018
August 2019
£1,200
Length of ownership:
17 Months
Policy Cost:
The policy cost £105.22 (8.77% of the amount the policy paid out.)

Land Rover Range Rover

Land Rover Range Rover
Lease began
GAP Claim
Contract Hire GAP Pay-out
September 2017
July 2019
£10,271
Length of ownership:
22 Months
Policy Cost:
The policy cost £192.00 (1.87% of the amount the policy paid out.)

Seat Leon

Seat Leon
Lease began
GAP Claim
Contract Hire GAP Pay-out
March 2019
May 2019
£1,065
Length of ownership:
2 Months
Policy Cost:
The policy cost £83.52 (7.84% of the amount the policy paid out.)

Ford Fiesta

Ford Fiesta
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
June 2019
£5,600
April 2021
£420
Length of ownership:
22 Months
Rate Of Depreciation:
An average of £19.09 per month
Total Depreciation:
7.50% of its original Invoice Price during the 22 months it was owned.
Policy Cost:
The policy cost £151.84 (36.15% of the amount the policy paid out.)

Kia Sportage

Kia Sportage
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
October 2020
£33,945
April 2021
£2,728
Length of ownership:
6 Months
Rate Of Depreciation:
An average of £454.59 per month
Total Depreciation:
8.04% of its original Invoice Price during the 6 months it was owned.
Policy Cost:
The policy cost £175.12 (6.42% of the amount the policy paid out.)

Volkswagen Golf

Volkswagen Golf
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
December 2019
£4,888
March 2021
£596
Length of ownership:
15 Months
Rate Of Depreciation:
An average of £39.73 per month
Total Depreciation:
12.19% of its original Invoice Price during the 15 months it was owned.
Policy Cost:
The policy cost £151.84 (25.48% of the amount the policy paid out.)

BMW X1

BMW X1
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
June 2019
£17,490
February 2021
£4,281
Length of ownership:
20 Months
Rate Of Depreciation:
An average of £214.05 per month
Total Depreciation:
24.48% of its original Invoice Price during the 20 months it was owned.
Policy Cost:
The policy cost £139.06 (3.25% of the amount the policy paid out.)

Porsche Cayenne

Porsche Cayenne
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
August 2019
£39,000
February 2021
£4,990
Length of ownership:
18 Months
Rate Of Depreciation:
An average of £277.22 per month
Total Depreciation:
12.79% of its original Invoice Price during the 18 months it was owned.
Policy Cost:
The policy cost £211.17 (4.23% of the amount the policy paid out.)

Mercedes-Benz C-Class

Mercedes-Benz C-Class
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
April 2019
£46,995
February 2021
£9,885
Length of ownership:
22 Months
Rate Of Depreciation:
An average of £449.32 per month
Total Depreciation:
21.03% of its original Invoice Price during the 22 months it was owned.
Policy Cost:
The policy cost £256.43 (2.59% of the amount the policy paid out.)

Porsche Macan

Porsche Macan
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
June 2019
£55,000
January 2021
£9,940
Length of ownership:
19 Months
Rate Of Depreciation:
An average of £523.16 per month
Total Depreciation:
18.07% of its original Invoice Price during the 19 months it was owned.
Policy Cost:
The policy cost £185.47 (1.87% of the amount the policy paid out.)

BMW 1 Series

BMW 1 Series
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
January 2020
£24,851
January 2021
£2,736
Length of ownership:
12 Months
Rate Of Depreciation:
An average of £228.02 per month
Total Depreciation:
11.01% of its original Invoice Price during the 12 months it was owned.
Policy Cost:
The policy cost £178.57 (6.53% of the amount the policy paid out.)

BMW 1 Series

BMW 1 Series
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
September 2020
£11,969
January 2021
£1,050
Length of ownership:
4 Months
Rate Of Depreciation:
An average of £262.50 per month
Total Depreciation:
8.77% of its original Invoice Price during the 4 months it was owned.
Policy Cost:
The policy cost £175.12 (16.68% of the amount the policy paid out.)

Mercedes-Benz A-Class

Mercedes-Benz A-Class
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
November 2020
£19,929
December 2020
£1,533
Length of ownership:
1 Months
Rate Of Depreciation:
An average of £1,533.00 per month
Total Depreciation:
7.69% of its original Invoice Price during the 1 months it was owned.
Policy Cost:
The policy cost £198.41 (12.94% 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.)

Mercedes-Benz CLS-Class

Mercedes-Benz CLS-Class
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
January 2019
£37,260
January 2021
£20,761
Length of ownership:
24 Months
Rate Of Depreciation:
An average of £865.04 per month*
Total Depreciation:
55.72% of its original Invoice Price during the 24 months it was owned.*
Policy Cost:
The policy cost £346.35 (1.67% of the amount the policy paid out.)

Hyundai i30 N

Hyundai i30 N
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
September 2019
£25,000
December 2020
£7,393
Length of ownership:
15 Months
Rate Of Depreciation:
An average of £492.87 per month*
Total Depreciation:
29.57% of its original Invoice Price during the 15 months it was owned.*
Policy Cost:
The policy cost £205.27 (2.78% of the amount the policy paid out.)

Ford Fiesta

Ford Fiesta
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
April 2018
£9,500
December 2020
£1,877
Length of ownership:
32 Months
Rate Of Depreciation:
An average of £58.66 per month*
Total Depreciation:
19.76% of its original Invoice Price during the 32 months it was owned.*
Policy Cost:
The policy cost £126.17 (6.72% of the amount the policy paid out.)

Land Rover DISCOVERY SPORT

Land Rover DISCOVERY SPORT
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
June 2018
£44,140
November 2020
£12,246
Length of ownership:
29 Months
Rate Of Depreciation:
An average of £422.27 per month*
Total Depreciation:
27.74% of its original Invoice Price during the 29 months it was owned.*
Policy Cost:
The policy cost £287.44 (2.35% of the amount the policy paid out.)

BMW M4

BMW M4
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
April 2018
£34,000
October 2020
£11,077
Length of ownership:
30 Months
Rate Of Depreciation:
An average of £369.23 per month*
Total Depreciation:
32.58% of its original Invoice Price during the 30 months it was owned.*
Policy Cost:
The policy cost £267.62 (2.42% of the amount the policy paid out.)

Volvo XC90

Volvo XC90
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
September 2019
£48,760
October 2020
£13,289
Length of ownership:
13 Months
Rate Of Depreciation:
An average of £1,022.23 per month*
Total Depreciation:
27.25% of its original Invoice Price during the 13 months it was owned.*
Policy Cost:
The policy cost £370.81 (2.79% of the amount the policy paid out.)

BMW 1 series

BMW 1 series
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
January 2017
£12,000
October 2020
£3,900
Length of ownership:
45 Months
Rate Of Depreciation:
An average of £86.67 per month*
Total Depreciation:
32.50% of its original Invoice Price during the 45 months it was owned.*
Policy Cost:
The policy cost £132.49 (3.40% of the amount the policy paid out.)

BMW 4 SERIES

BMW 4 SERIES
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
October 2016
£41,000
September 2020
£25,824
Length of ownership:
47 Months
Rate Of Depreciation:
An average of £549.45 per month*
Total Depreciation:
62.99% of its original Invoice Price during the 47 months it was owned.*
Policy Cost:
The policy cost £200.28 (0.78% of the amount the policy paid out.)

Skoda Octavia

Skoda Octavia
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
June 2018
£11,990
September 2020
£5,095
Length of ownership:
27 Months
Rate Of Depreciation:
An average of £188.70 per month*
Total Depreciation:
42.49% of its original Invoice Price during the 27 months it was owned.*
Policy Cost:
The policy cost £249.64 (4.90% 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.