Gap Insurance @ EasyGap.co.uk

Finance Gap Insurance

Finance Gap Insurance can provide protection between the value of your vehicle and the amount you have outstanding on a finance agreement or lease. Policies underwritten by a financially 'A' Rated , UK based specialist underwriter, at absolutely the best prices in the UK. If you are looking for real 'value for money' protection, do then why not click for an instant Finance Gap Insurance quotation and cover.

Simply click and our automated system will walk you through and you can buy finance gap insurance online in complete security.

What is Finance Gap Insurance?

Finance Guaranteed Asset Protection ( Finance gap insurance ) is the oldest form of Gap Insurance ,and in certain circumstances, we think still the best. In brief Finance Gap Insurance can pay the difference between your vehicles valuation when it is written off, and the amount you still have outstanding on finance.

This can be a good form of Gap Insurance to consider if you have

• You have purchased you vehicle on finance with no deposit you need to consider Finance Gap Insurance  
• You have purchased your vehicle with a small deposit you need to consider  Finance Gap Insurance  
• Purchased your vehicle on lease hire you need to consider finance gap insurance ( payments are plus VAT ) 
• Purchased your vehicle on contract hire  you need to consider Contract Hire Gap Insurance ( payments are plus VAT) 
• Taken a large amount of finance over a long period of time you need to consider finance gap insurance

Don't forget depending upon how you financed your vehicle if it was written off during the agreement you may owe more than your vehicle is worth. Please remember that every vehicle loses money, but some devalue quicker than others. So in some cases this 'Gap' can be substantial. Let me try and explain, for illustration purposes we have taken one of the most popular cars sold in the UK at present, the prices have been taken from Glass Guide Retail.

• You have bought a new/ nearly  Ford Focus you paid  £16080
• Less Deposit £1000
• You Borrow £15080
• You buy Finance Gap Insurance with a £5000 claim limit
• In 12 months time the vehicle is written off. Glass Guide retail is £10350
• You get a good settlement £10600

Wait !!! You still owe £12800.

    Finance Gap Insurance would pay the difference between . In this example it is £2200. In the case of contract hire this can be even more as the finance company will have set your payment based on what they thought the car to be worth at the end of the agreement. Either way if you have chosen a realistic claim limit you can walk away and find another vehicle.

Without finance gap insurance you are left without a vehicle which you still have to pay for. Even worse you may have to re-finance the difference. With prices for finance gap insurance from £39 can you afford not to protect your investment, so why not click for an instant quote and cover. As with any insurance policy it will come with some exclusions. Most importantly you need to check that your vehicle qualifies and that you have fully comprehensive insurance.

You can buy finance gap insurance for cars, vans, motorhomes, motorbikes and we even have specialist cover for driving schools and private hire taxi's.

Why Finance Gap Insurance from EasyGap.co.uk?

EasyGap.co.uk, owned by Aequitas Automotive Ltd, are registered with the Financial Services Authority (registration number 541186). Aequitas Automotive Ltd are also members of the British Insurance Brokers Association (BIBA 006652), and a registered Data Controller with the Information Commissioners Office (ICO Z2455374).

All policies are fully FSA regulated, and backed by the Financial Services Compensation Scheme (FSCS)

If you need help, have Finance Gap Insurance questions or would simply like to arrange Finance Gap Insurance cover by telephone why not call us on our free phone number 0800 195 4926, we will be only to happy to help. No jargon plain English we promise!

You will be pleased to know that we do not operate any vouchers, or discount codes  Instead we want each and every customer to get our very best price first time every time. No gimmicks just honest, reliable quality at fantastic prices for everyone every time. We are so confident in our quality and prices that  we also  guarantee to beat any like for like quotation.

Please remember at EasyGap Cheap / Low cost Finance gap insurance does not mean a dilution of cover, security , peace of mind or back up it just means better value for money ! 

View Finance Gap Insurance Policy

N.B. If you have bought a new vehicle and have new for old cover on your own motor insurance and buy either combination return to invoice gap insurance or vehicle replacement gap insurance - should you be provided with a replacement vehicle within the 1st 12 months via your own motor insurance company, and not use the Gap Insurance we will transfer the remainder of your policy to your new vehicle free of charge.