Victoria Road
Portslade
Brighton
East Sussex
BN41 1XQ
01273 707007
Gap Insurance
Lease GAP
In the event of your vehicle being declared a write-off by your insurance company because of theft or an accident, there may be a shortfall between the vehicle's current market value and the value required by the lease/finance company to settle the lease/finance agreement.
The shortfall could be a significant sum depending on the rate of depreciation of your vehicle and the remaining period of the lease/finance agreement. You will be held liable for the shortfall by the lease/finance company, however GAP Insurance protects you by paying the lease/finance company this shortfall on your behalf.
Purchase Price Protection Quote
In the event of your vehicle being declared a write-off by your Insurance Company because of theft or an accident, there is likely to be a shortfall between the vehicle's current market value and the original purchase price. This is PPP (Purchase Price Protection) Gap Insurance.
The shortfall could be a significant sum depending on the rate of depreciation of your vehicle. PPP will bridge this gap.
Motor Insurance
Why not take advantage of our specialist and in depth knowledge of the insurance market across a vast product range and let us help find a great insurance deal for you?
To get an insurance quote click the button below and simply enter your details for the best deal for your car insurance.
