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An Comprehensive Guide to Gap Cover
Understanding Gap Insurance
Gap cover insurance is a key type of insurance that helps motorists if their vehicle is written off or stolen. It covers the gap between the remaining finance on your vehicle and what your insurance will pay out. This is especially important for newer cars, which can depreciate quickly.
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When acquiring a new vehicle, you must to understand the importance of gap insurance. In this article explore the various facets of gap insurance, like the benefits it offers, how to purchase it, and what to look for in gap insurance providers.
What is Gap Insurance?
Gap cover is a type of insurance that pays the gap between the current market value of your vehicle and the amount you owe on your car loan or lease. For example, if your car is written off after an accident and you owe £15,00...
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