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Colbornes Audi - GAP Insurance

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GAP covers the difference between the amount paid by your motor insurer and either the outstanding balance of your Finance Agreement or the cash purchase price paid when your vehicle is stolen or written off..

Current statistics indicate the risk of your vehicle being stolen or written off is now greater than ever before. Around 375,000* vehicles are stolen every year, which is equivalent to 1 every 85 seconds.

If this does happen, or your vehicle is written off through an accident, your insurance company will generally offer you a total loss payment based on the market value of your vehicle at that time.

This value could be significantly less than either the cash price of the vehicle or the outstanding balance of an existing finance agreement.

You might not realise just how much a total loss can affect your own finances even with your vehicle being comprehensively insured. Now you can take out GAP Insurance to help protect your investment.

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