Gap Car Insurance

Gap Car Insurance aims to cover the difference between the price you purchased the car at and what the insurance company believes it is worth. The depreciation on a new car on its first few years of ownership can in many cases lead to a negative equity or "upside down" situation with your car loan.

Gap car insurance aims to cover that hole in the event your car is lost due to irreparable damage, theft, or otherwise. It can be a useful product for those who own new or specialist vehicles to ensure they are not left out of pocket should the unexpected happen.