Can I get GAP Insurance if I don't own my car?
You absolutely can get GAP Insurance if you don't own your car.
- 8 Feb 2021
- Phoebe - Digital Marketing Assistant
If you don’t own your car, and want to cover yourself with GAP Insurance, you can choose our Lease GAP policy.
In the event that your motor insurance company declares your vehicle as a total loss, this policy would pay the difference between the amount of your insurer's settlement offer and the early termination charge applied by your finance company.
Key point to note about the Lease GAP policy: Always contact us before accepting a settlement offer from your motor insurer, we may be able to get you a better deal!