Our Combination GAP policy has been especially designed for buyers of new or used vehicles who have purchased their vehicle from a motor dealer within the last 105 days.
Our Combination GAP policy has been especially designed for buyers of new or used vehicles who have purchased their vehicle from a motor dealer within the last 105 days. In the event that your motor insurance company declares your vehicle as a total loss, this policy would pay out the difference between the current market value of what they would pay you and the amount you originally paid the dealer (invoice value).
This policy will also cover the difference between the invoice value and any outstanding finance value should the finance value be greater.
Key things to note about the Combination GAP policy
- Always contact us before accepting a settlement offer from your motor insurer, we may be able to get you a better deal.
- You might not get a full GAP pay-out if your motor insurer has reduced their pay-out due to pre-existing accident damage. Our pay-out reduction will never be greater than their reduction.
- We will only cover the finance owed on the vehicle itself. Our pay-out will not cover finance use for the purchase of vehicle accessories*, insurance policies, taxes or finance transferred from previous vehicles.
At a glance...
|Unlimited mileage cover once policy has started|
|European cover, providing the motor insurance offers full cover too|
|Financial liability cover|
|Business use cover|
|We will pay up to £500 to cover the excess on your motor insurance policy|
|We will help you get the best settlement from your motor insurers|
|We will settle any outstanding vehicle finance*|
|12, 24, 36, 48 and 60 month options available on vehicles valued at less than £100,000, registered less than ten years ago and with a mileage of less than 100,000.|
|Transferable to new car*|
|No compulsory excess applied|
*Terms and conditions apply
GAP Insurance documents
For full details of our car GAP Insurance, feel free to take a look at our GAP Insurance Documents:
See below for a simple example of how your Best4 GAP Combination GAP may work.