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Should I buy GAP Insurance?

We're here to help you decide if GAP Insurance is for you. 

  • 1 Feb 2021
  • Phoebe - Digital Marketing Assistant

Buying GAP Insurance means you’re preparing for the unexpected. If your car gets written off or stolen, your motor insurance company will only pay out a percentage of the price you bought it for; they will pay for what they think your car is now worth, not the price you paid when you bought it. 

This is where GAP Insurance steps in. 

GAP Insurance covers the difference between what your insurers are willing to pay and how much you bought your vehicle for. 

gap insurance, motor insurer pays a percentage and gap insurance covers the gap

GAP Insurance is ideal for those who are making a large investment into a new car and take precautions to make sure they don’t get hit with unexpected repairs or even new car costs. 

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