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...
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
£1,540,483,122.69
(Total value of vehicles covered)
£6,164,414.88
(Total value of paid claims)
£49,475.00
(Largest claim to date)
£6,789.00
(Average claim payout)
The map: above, shows (by way of postcode area) the location of claims that have been made on our Invoice, Replacement, Contract Hire and Top-Up GAP insurance policies.
Recent GAP insurance claims
If you're not sure of the benefit of GAP insurance, check out some of our recently paid claims below:
BMW 5 Series
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
May 2025
£11,925
£3,476
- Policy Cost:
- The policy cost £211.20 (6.08% of the amount the policy paid out.)
Land Rover Discovery Sport
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
April 2025
£11,398
£3,224
- Policy Cost:
- The policy cost £211.20 (6.55% of the amount the policy paid out.)
Toyota Yaris Cross
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
December 2024
£23,951
£6,338
- Policy Cost:
- The policy cost £156.80 (2.47% of the amount the policy paid out.)
BMW i8
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
January 2024
£50,000
£10,000
- Policy Cost:
- The policy cost £99.96 (1.00% of the amount the policy paid out.)
Tesla Model 3
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
January 2024
£26,574
£6,644
- Policy Cost:
- The policy cost £260.06 (3.91% of the amount the policy paid out.)
Audi A3
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
May 2023
£20,118
£5,280
- Policy Cost:
- The policy cost £142.13 (2.69% of the amount the policy paid out.)
Kia Ceed
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
January 2023
£17,450
£4,613
- Policy Cost:
- The policy cost £99.96 (2.17% of the amount the policy paid out.)
Land Rover Discovery Sport
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
November 2022
£17,000
£4,364
- Policy Cost:
- The policy cost £216.72 (4.97% of the amount the policy paid out.)
Mercedes-Benz SLC
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
November 2022
£18,100
£4,725
- Policy Cost:
- The policy cost £99.96 (2.12% of the amount the policy paid out.)
BMW 3 Series
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
August 2022
£17,500
£4,575
- Policy Cost:
- The policy cost £157.92 (3.45% of the amount the policy paid out.)
Peugeot 2008
Lease began
GAP Claim
Contract Hire GAP Pay-out
September 2020
December 2024
£1,250
- Length of ownership:
- 51 Months
- Policy Cost:
- The policy cost £148.09 (11.85% of the amount the policy paid out.)
Audi A4
Lease began
GAP Claim
Contract Hire GAP Pay-out
September 2022
September 2024
£2,820
- Length of ownership:
- 24 Months
- Policy Cost:
- The policy cost £138.43 (4.91% of the amount the policy paid out.)
BMW X5
Lease began
GAP Claim
Contract Hire GAP Pay-out
October 2022
September 2024
£3,250
- Length of ownership:
- 23 Months
- Policy Cost:
- The policy cost £287.62 (8.85% of the amount the policy paid out.)
Kia e-Niro
Lease began
GAP Claim
Contract Hire GAP Pay-out
April 2022
July 2024
£9,018
- Length of ownership:
- 27 Months
- Policy Cost:
- The policy cost £138.43 (1.54% of the amount the policy paid out.)
Volkswagen ID.4
Lease began
GAP Claim
Contract Hire GAP Pay-out
December 2022
April 2024
£250
- Length of ownership:
- 16 Months
- Policy Cost:
- The policy cost £115.89 (46.36% of the amount the policy paid out.)
Hyundai Ioniq
Lease began
GAP Claim
Contract Hire GAP Pay-out
December 2021
April 2024
£5,024
- Length of ownership:
- 28 Months
- Policy Cost:
- The policy cost £135.21 (2.69% of the amount the policy paid out.)
Hyundai Tucson
Lease began
GAP Claim
Contract Hire GAP Pay-out
April 2022
February 2024
£250
- Length of ownership:
- 22 Months
- Policy Cost:
- The policy cost £128.77 (51.51% of the amount the policy paid out.)
Hyundai Tucson
Lease began
GAP Claim
Contract Hire GAP Pay-out
November 2022
January 2024
£3,250
- Length of ownership:
- 14 Months
- Policy Cost:
- The policy cost £146.10 (4.50% of the amount the policy paid out.)
Volvo XC40
Lease began
GAP Claim
Contract Hire GAP Pay-out
September 2022
November 2023
£3,950
- Length of ownership:
- 14 Months
- Policy Cost:
- The policy cost £124.19 (3.14% of the amount the policy paid out.)
Subaru Solterra
Lease began
GAP Claim
Contract Hire GAP Pay-out
October 2023
November 2023
£848
- Length of ownership:
- 1 Months
- Policy Cost:
- The policy cost £229.87 (27.11% of the amount the policy paid out.)
Hyundai i30
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
July 2024
£12,190
June 2025
£1,979
- Length of ownership:
- 11 Months
- Rate Of Depreciation:
- An average of £179.91 per month
- Total Depreciation:
- 16.23% of its original Invoice Price during the 11 months it was owned.
- Policy Cost:
- The policy cost £220.81 (11.16% of the amount the policy paid out.)
Skoda Karoq
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
September 2023
£19,495
May 2025
£5,350
- Length of ownership:
- 20 Months
- Rate Of Depreciation:
- An average of £267.48 per month
- Total Depreciation:
- 27.44% of its original Invoice Price during the 20 months it was owned.
- Policy Cost:
- The policy cost £164.77 (3.08% of the amount the policy paid out.)
BMW 6 Series
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
December 2021
£27,300
May 2025
£10,640
- Length of ownership:
- 41 Months
- Rate Of Depreciation:
- An average of £259.51 per month
- Total Depreciation:
- 38.97% of its original Invoice Price during the 41 months it was owned.
- Policy Cost:
- The policy cost £225.50 (2.12% of the amount the policy paid out.)
Dacia Spring
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
May 2025
£16,209
May 2025
£750
- Length of ownership:
- 1 Months
- Rate Of Depreciation:
- An average of £750.00 per month
- Total Depreciation:
- 4.63% of its original Invoice Price during the 1 months it was owned.
- Policy Cost:
- The policy cost £289.22 (38.56% of the amount the policy paid out.)
Kia Picanto
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
December 2023
£12,499
May 2025
£3,367
- Length of ownership:
- 17 Months
- Rate Of Depreciation:
- An average of £198.04 per month
- Total Depreciation:
- 26.94% of its original Invoice Price during the 17 months it was owned.
- Policy Cost:
- The policy cost £165.00 (4.90% of the amount the policy paid out.)
Kia Niro
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
September 2022
£41,208
April 2025
£17,511
- Length of ownership:
- 31 Months
- Rate Of Depreciation:
- An average of £564.86 per month
- Total Depreciation:
- 42.49% of its original Invoice Price during the 31 months it was owned.
- Policy Cost:
- The policy cost £294.99 (1.68% of the amount the policy paid out.)
Lexus NX
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
October 2023
£57,793
April 2025
£7,386
- Length of ownership:
- 18 Months
- Rate Of Depreciation:
- An average of £410.33 per month
- Total Depreciation:
- 12.78% of its original Invoice Price during the 18 months it was owned.
- Policy Cost:
- The policy cost £354.82 (4.80% of the amount the policy paid out.)
Ford Kuga
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
March 2022
£28,785
April 2025
£9,249
- Length of ownership:
- 37 Months
- Rate Of Depreciation:
- An average of £249.96 per month
- Total Depreciation:
- 32.13% of its original Invoice Price during the 37 months it was owned.
- Policy Cost:
- The policy cost £252.03 (2.72% of the amount the policy paid out.)
BMW X3
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
April 2022
£42,231
April 2025
£8,505
- Length of ownership:
- 36 Months
- Rate Of Depreciation:
- An average of £236.25 per month
- Total Depreciation:
- 20.14% of its original Invoice Price during the 36 months it was owned.
- Policy Cost:
- The policy cost £327.77 (3.85% of the amount the policy paid out.)
Ford S-Max
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
November 2022
£34,164
April 2025
£1,534
- Length of ownership:
- 29 Months
- Rate Of Depreciation:
- An average of £52.90 per month
- Total Depreciation:
- 4.49% of its original Invoice Price during the 29 months it was owned.
- Policy Cost:
- The policy cost £177.17 (11.55% of the amount the policy paid out.)
Audi Q5
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
March 2023
£40,110
May 2025
£14,954
- Length of ownership:
- 26 Months
- Rate Of Depreciation:
- An average of £575.15 per month*
- Total Depreciation:
- 37.28% of its original Invoice Price during the 26 months it was owned.*
- Policy Cost:
- The policy cost £302.62 (2.02% of the amount the policy paid out.)
Ford Fiesta ST
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
May 2023
£27,221
April 2025
£11,626
- Length of ownership:
- 23 Months
- Rate Of Depreciation:
- An average of £505.48 per month*
- Total Depreciation:
- 42.71% of its original Invoice Price during the 23 months it was owned.*
- Policy Cost:
- The policy cost £340.24 (2.93% of the amount the policy paid out.)
Kia Niro EV
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
March 2023
£42,000
July 2024
£13,696
- Length of ownership:
- 16 Months
- Rate Of Depreciation:
- An average of £856.00 per month*
- Total Depreciation:
- 32.61% of its original Invoice Price during the 16 months it was owned.*
- Policy Cost:
- The policy cost £302.62 (2.21% of the amount the policy paid out.)
Volvo S60
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
September 2020
£50,645
April 2024
£30,029
- Length of ownership:
- 43 Months
- Rate Of Depreciation:
- An average of £698.35 per month*
- Total Depreciation:
- 59.29% of its original Invoice Price during the 43 months it was owned.*
- Policy Cost:
- The policy cost £403.27 (1.34% of the amount the policy paid out.)
BMW 1 Series
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
January 2022
£34,800
February 2024
£10,170
- Length of ownership:
- 25 Months
- Rate Of Depreciation:
- An average of £406.78 per month*
- Total Depreciation:
- 29.22% of its original Invoice Price during the 25 months it was owned.*
- Policy Cost:
- The policy cost £269.35 (2.65% of the amount the policy paid out.)
Audi Q3
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
May 2023
£38,795
December 2023
£3,795
- Length of ownership:
- 7 Months
- Rate Of Depreciation:
- An average of £542.18 per month*
- Total Depreciation:
- 9.78% of its original Invoice Price during the 7 months it was owned.*
- Policy Cost:
- The policy cost £302.62 (7.97% of the amount the policy paid out.)
Mazda CX-30
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
January 2023
£29,950
November 2023
£3,710
- Length of ownership:
- 10 Months
- Rate Of Depreciation:
- An average of £371.00 per month*
- Total Depreciation:
- 12.39% of its original Invoice Price during the 10 months it was owned.*
- Policy Cost:
- The policy cost £269.35 (7.26% of the amount the policy paid out.)
Renault Clio
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
November 2020
£16,090
October 2023
£7,749
- Length of ownership:
- 35 Months
- Rate Of Depreciation:
- An average of £221.40 per month*
- Total Depreciation:
- 48.16% of its original Invoice Price during the 35 months it was owned.*
- Policy Cost:
- The policy cost £248.03 (3.20% of the amount the policy paid out.)
Land Rover Range Rover Evoque
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
April 2017
£37,500
September 2023
£31,500
- Length of ownership:
- 77 Months
- Rate Of Depreciation:
- An average of £409.09 per month*
- Total Depreciation:
- 84.00% of its original Invoice Price during the 77 months it was owned.*
- Policy Cost:
- The policy cost £350.00 (1.11% of the amount the policy paid out.)
Audi A6
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
October 2018
£20,500
August 2023
£18,004
- Length of ownership:
- 58 Months
- Rate Of Depreciation:
- An average of £310.41 per month*
- Total Depreciation:
- 87.82% of its original Invoice Price during the 58 months it was owned.*
- Policy Cost:
- The policy cost £420.00 (2.33% 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.
