We understand how important it is to protect the value of your vehicle.
GAP insurance (Guaranteed Auto Protection or Guaranteed Asset Protection, depending on who you ask) covers the difference between the actual value of your vehicle , and the amount still owed on the vehicle (usually by way of a loan or a “pay on finance” scheme).
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There are two types of GAP cover insurance product:
In the event of your vehicle being written off in an accident or stolen, finance GAP Insurance is designed to protect you against the risk of any shortfall in your finance settlement.
In the event of your vehicle being written off in an accident or stolen (and not recovered) invoice GAP Insurance offers you comprehensive protection. It provides the difference between the invoice price you paid for the vehicle and the amount you receive following a settlement.
Car GAP insurance, motorbike GAP insurance and van GAP insurance policies are all available for all situations. At Arkwright’s, we have access to a wide range of insurers which allows us to provide flexible policies and the best possible prices.
For detailed information on the policies available, to discuss your individual requirements, to find out more about our GAP insurance for cars, or for a GAP insurance quote: call Arkwright now on 01204 392 525