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0333 222 1049

Protect your vehicle’s true value with our GAP Insurance Cover

If you have a total loss or theft claim, most insurers will only pay out what your vehicle is worth at the time, which could leave you significantly out of pocket.

At CVD we offer Guaranteed Asset Protection (GAP) Insurance, which covers you for the difference between what you originally paid for your vehicle, or the invoice or early settlement figure on finance and lease, and what your insurer will pay out if your car is stolen or written off.

For newly purchased vehicles, where you want to preserve their top value, this can be a significant amount, leaving you with a large sum to pay in order to get back on the road.

Prices starting from £175.43 for a 2 year term

Pricing based on a vehicle valued at £25k with a £5k indemnity limit

Call us for a quote on

0333 222 1049

What's included?

  • Protects against loss due to the depreciation of a vehicle’s value
  • Cover lasting between 2 and 5 years depending on your needs
  • One off cash payments available up to £50,000
  • Available for private and commercial vehicles
  • Covers a variety of ownership options – from paid in full to lease agreements
  • Change of vehicle available subject to meeting the same criteria
  • Cover starting from up to 180 days after the purchase of the vehicle
  • One of the only GAP Insurance products to provide a hire vehicle for up to 28 days while you await your payout
  • Covers up to £250 reimbursement of your motor excess

Who is eligible for Gap Cover:

  • Vehicles valued between £7,500 to £150,000
  • Sales invoice dated within the last 180 days from a VAT registered dealer or leasing company
  • Vehicles should be already insured under comprehensive cover
  • Not appropriate for modified vehicles, including refrigerated vehicles
  • We only cover vehicles made for the UK market

GAP cover is not available for:

  • Modified vehicles, including refrigerated vehicles
  • Vehicles used for competitions or rallies, track days, racing, pace making, speed testing, reliability trials or off-road use
  • Vehicles used for driving tuition (unless specifically agreed by the insurer)
  • Short-term self-drive hire vehicles

Call us for a quote 03334 141 787