Gap Insurance For Car Leasing Customers

Don't gamble with your investment

If your vehicle is written off or stolen there is a risk that the insurance settlement may not be sufficient to cover the outstanding finance owing on the vehicle. This is because vehicles tend to depreciate more quickly in the first year and then at a slower rate as they get older.

Finance GAP pays the difference between the market value or the insurance company settlement (which ever is the greatest), and the outstanding finance on the vehicle up to a maximum of £5,000 or £10,000 (subject to eligibility).

Eligible Vehicles

Vehicles up to £75,000 invoice price

Available on ALL finance agreements (excludes cash purchases)

Cars and commercial vehicles up to 3.5cwt

Cover is valid for up to 5 years in line with the finance agreement

Cars and commercial vehicles up to 6 years old


Major Exclusions

A vehicle written off whilst driving illegally or under the influence of drugs or alcohol

A vehicle not covered by a Fully Comprehensive Road Risk Motor Policy

A vehicle used for Hire or Reward

If the vehicle is left unattended when the keys have not been removed, the doors are unlocked and any immobiliser and / or alarm is not activated


Download our printable Gap Insurance Document (Adobe PDF)


To enquire about Gap Insurance from Gateway2Lease, please get in contact using the methods below

Telephone:
0844 800 7789

Email Address:
enquiries@gateway2lease.com