Gap Insurance for Harley Davidson Motorbikes from Easy Gap

Why Buy Harley Davison Gap InsuranceNo matter which Harley Davison you have bought, your local Harley dealership will have most likely spoken to you about Harley Davidson Gap Insurance.

So what is gap insurance?

Most importantly what can gap insurance do to help protect you and the money you have spend buying your Harley?

Gap insurance (Guaranteed Asset Protection Insurance to give it's official term) is a supplementary insurance that runs alongside your own motor insurance and protects you against out of pocket expenses when your Harley is written off.

Ok so what does this actually mean to you and your Harley?

We all know that vehicles including your Harley Davidson, will lose value over time after all you would not pay the same amount for a bike which is three years old with 30,000 miles on the clock as you would for a brand new model. The amount that your Harley Davidson is worth in three, four or five years time is therefore much lower than the original invoice price you paid. The rate at which your motorbike loses value is called depreciation and is perfectly normal. In fact motor industry experts anticipate that the average vehicle can lose up to 50% and even 60% of it's original value within the first three years alone.

This is not normally an issue however it can become a major problem if your bike is stolen or involved in an accident and written off. 

Did you know that there are an estimated 600,000 vehicles written off in the UK alone. That is equivilent to the entire population of Glasgow having thier vehicle written off, so we hope that you can appreciate the scale of the problem.

Please remember that your own motor insurance company is only ever legally obliged to pay you what your Harley Davidson is worth on the day it was written off, so this means that if your bike is one of the unfortunate 600,000 you could be left which a massive fanatical shortfall.

For example if you buy a Harley today and pay £14,000 in three years time using the average rates of deprecation it could be worth as little as £7,000. So what happens to the other £7,000, what happens to any finance you may have outstanding?

Well if you where fortunate enough to be able to pay cash for your Harley Davidson this is the only amount without using your savings that you have to be able to replace your bike. If you paid finance this is the only amount again excluding savings that you have to be able to clear you finance.

Gap insurance for your Harley Davidson can help.

In fact depending upon the level of cover you choose you can protect either just any financial shortfall, the original invoice price you paid and even the replacement cost of another bike. Not all gap insurance is the same and you will be pleased to know that our policies are feature rich and have lots of additional benefits.

With online prices from as little as £39 inclusive of insurance premium tax for a years gap insurance protection for your Harley Davison, do you really want to take the risk?
Best Harley Davison Gap InsuranceVehicle Replacement Gap Insurance is Easy Gap's newest form of cover which protects the replacement costs of your Harley Davidson, even if the cost if higher that what you paid on the day of purchase. This type of cover is rarely offered by UK dealerships, and awe can offer you a range of fantastic prices, and we promise if you find a better deal, we will match it!
How does Vehicle Replacement Gap Insurance work?
For illustrational purposes, we will use William and his Harley Davidson 883 Roadster model which he bought for £6699. William at the time of the sale took out the basic insurance cover as well as our Vehicle Replacement Gap Insurance.
Three years after the purchase, William was involved in a road accident which thankfully left him and the other driver unhurt however his beloved Harley Davidson in a condition were it was forced to be written off by the insurance company.
The insurance company informed William that they would send him a settlement cheque of £3349.50* based on the market value of his motorcycle at the time of the incident. Drivers on today’s road are simply unaware of how disastrous depreciation rates can be to so many drivers. It is said that the average vehicle would loose 50% of its original value by three years.
William enquired with his local Harley Davidson dealership about purchasing another 883 Roadster model, and was shocked to hear that because of an increase of raw materials the Harley Davidson motorcycles require, the price had increased to £10,000. William therefore needed £6650.50 extra to purchase his beloved motorcycle again. However because William was covered by EASY Gap VRI, he received a cheque for the £6650.50 difference and because William originally paid for his motorcycle by cash, he was free to spend this £10,000. On the other hand, if William was paying for his motorcycle on finance, Easy Gap Insurance would pay the finance company the outstanding amount and then pay William the remaining sum where again he would be free to spend.
Please note that Easy Gap Insurance does not reimburse your vehicles Road Tax, as this can be claimed by the DVLA in Swansea.
For more information about vehicle replacement insurance or any other forms of cover (for example our Return to Invoice cover), please contact our friendly sales team on 0800 195 4926.

Harley-Davidson, probably the most well known motorcycle company in the world, was founded in 1903 in Milwaukee by William S. Harley and his friends the Davidson Brothers.

Harley-Davidson motorcycles have a characteristic design and distinctive exhaust note.

The company is best known for it's chopper style, which was born through the tradition of extreme customization of the Motorcycles, known as “Harleys”.

Surviving the Great Depression, it was one of only two American Company's to do so and also overcame extreme competition from Japanese opposition. Harley Graduated with a degree in Mechanical Engineering from the University of Wisconsin-Madison in 1907.

That same year due to factory expansions the production of the company rose to 150 motorcycles, resulting in the official incorporation of the company in September.

Around the same time the company began trading to police departments, which has been an extremely successful market for them ever since.

By 1911 there were 150 makes of the motorcycles built in America, though not many survived the 1910's. This is the Year the V-Twin model, an improved version of a 1907 V-Twin model displayed at the Chicago Automobile show was manufactured, with a new engine which had mechanically operated intake valves. Although the engines were smaller than the earlier twins, they gave a much better performance.

The Harley-Davidson brand played a great part in World War 1 as the “Harleys” were demanded by the Military. They also produced large numbers of Motorcycles for World War 2 and after the War obtained a design of a small German motorcycle of which several models were made, one of these included the Hummer (now referred to as hummers) from 1955 to 1959.

After some industry issues and a knock to the company's reputation in 1952, due to the company being charged with restrictive practices, following an application for 40% tax on imported motorcycles, American Machine and Foundry bought the company in 1969, chopping some of the workforce and producing a strike. The bikes were seen as far too high-priced and unexceptional compared to how they had originally been, this resulted in near bankruptcy. The company was sold in 1981, to a group of investors, fronted by Willie G. Davidson and Vaughn Beals, the Motorcycles were deliberately made to mirror the image of their earlier creations, resulting in technical quality, improvements being made and buyers returning.

The average age of a Harley-Davidson owner/driver is around 47 years old. In 2005 the company produced an environmental warranty which proves that all motorcycles meet EPA standards. Four of Harley-Davidson sites offer factory tours to fans and the company has a loyal band of followers who show their support and passion for the brand through clubs, events and even a museum containing history, archives and vehicles.