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Gap Insurance for Car and Motorbike

Gap Insurance, Cornmarket UK

Gap Insurance starts where your car or motorbike insurance ends!

If your vehicle is written off or stolen:

 

  • Most fully comprehensive insurance policies will payout the current market value of your vehicle.
  • Gap Insurance then covers the difference between the vehicle insurance payout what you originally paid OR still owe on the vehicle.

 

When to Purchase Gap Insurance

  • If you’ve purchased a vehicle within the past 180 days.
  • Or about to purchase a vehicle

Gap insurance quote tick No Excess payment.

competitively priced gap insuranceCompetitively priced.

gap insurance for cars up to 8 years oldCover available on vehicles up to 8 years old and with less than 80,000 miles.

Gap insurance quot,e tick Gap Insurance can be bought for both brand new and older vehicles.

Gap insurance quote, tick We cover vehicle values up to £150 000.

Gap insurance quote, tick Gap Insurance policies available from 2 to 5 years in length.

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Gap Insurance

Why you might need Gap Insurance

Gap Insurance, Cornmarket

Gap insurance could be a useful insurance to have if:

You bought your vehicle using finance or a personal loan, especially if the loan-to-value is high.

It can help you avoid ‘negative equity’, whereby the level of your debt exceeds the value of your vehicle.

As finance deals are normally spread over three to four years, you could be left with a large shortfall if you have an accident or the vehicle is stolen.

You have a contract hire deal, where you sign up to a long-term rental package for a vehicle with a mileage allowance.

If you have an accident, you could be left without a vehicle and still owing thousands in outstanding finance.

Gap insurance quote tick You’re concerned about your new vehicle depreciating in value. The quicker your vehicle loses it’s value, the less you might get back from an insurance payout if you have an accident or your vehicle is stolen.

Get a Quote

 

 

Gap Insurance

Get a QuoteGap Insurance, Cornmarket

Cornmarket provide specialised Car and Motorbike Insurance for IAM & IAM family members, Truck, Coach and Bus Drivers, Teachers, Foxy Lady Drivers Club members and Bank of Ireland staff and customers.

Call us: 02890442200

Email us: enquiries@cornmarketinsurance.co.uk

1. The net vehicle selling price excludes any payments you have made for things such as warranties, accessories etc. Terms and conditions apply