Gap Insurance for your Van from Lowcostvans.co.uk
Lowcost Vans are pleased to offer Finance GAP Insurance, to help protect your important asset you have purchased from us.
GAP stands for Guarunteed Asset Protection, and is a worthwhile protection for new or nearly new vehicles.
It is a sad fact that vehicle crime represents a significant percentage of all reported crime in the UK. How often have you heard of people who have had their vehicle stolen or written off and have not been able to replace their vehicle with another of similar value?
In the event you suffer a total loss of your van or car, the insurance company will place a value on it which they describe as the current market value. This is neither the amount that you paid for it, nor the cost of an equivalent replacement van or car. In fact, the discrepancy may be a very significant amount of money.
How GAP Insurance cover helps you.
In simple terms, GAP insurance covers you for the additional loss you may experience because the market value of your van or car is less than the cost of replacing it.
There are a range of different GAP products relating to different purchasing methods, such as contract hire, HP, Contract Purchase, leasing etc.
Finance GAP Insurance helps you to retain financial security and peace of mind when you need it most. You could receive up to the original purchase price!
We invite you to speak to one of our trained advisors who will be able to help you chose the right product for you.
To take advantage of the benefits of Finance GAP Insurance your vehicle must be:
- insured by a motor insurance policy issued by an authorised UK motor insurer, which insures against accidental damage, fire and theft.
- listed in Glass's Guide
Please refer to your insurance document for full Terms and Conditions