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Gap Insurance

Scheme Details

Guaranteed Asset Protection (GAP) is designed to help make up the shortfall between the current market value motor insurers pay out in the event of a total loss or stolen vehicle claim, and either:
a) The amount which remains outstanding on a Finance Agreement – known as Finance GAP or
b) The original amount paid for the vehicle – known as Invoice GAP.

The facility provides highly competitive quotations for private cars, driving instructors' vehicles, taxi's and light commercial vehicles up to 44 tons gross vehicle weight.

Benefits

  1. Bromleys can obtain quotations for both Finance GAP or Invoice GAP.
  2. Policy Documents can be printed within our office immediately when the client accepts the quotation, so the client has complete "peace of mind".
  3. Most times we have more competitive premiums than car dealerships who have until recently mainly been the main source of this type of cover.