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Gordon Lamb » Servicing » GAP Insurance
What is GAP Insurance?
Gap Insurance pays the difference between your Motor Insurance payout and the original amount you paid for your car if it is written off or stolen - so you're covered for the original purchase price in full.
How GAP Insurance works
For example - if you paid £20,000 for your car and it was subsequently stolen or written off and your insurance company only paid you £10,000, GAP would make up the difference and pay you the other £10,000 - i.e. 'make up the gap' and make sure you got the amount you originally paid for the car when you bought it.
How much does it cost?
A car is often the second most costly item we buy, so it makes sense to protect your investment and cover yourself for every eventuality. Gordon Lamb shop around to bring customers the best value GAP policies on the market and our 3 year policies can cover you for the equivalent of just £83.33 per year - or just £6.95 per month. (based on a car bought for £10,000).
We cover vehicles worth up to £75,000 in value and up to seven years old.
As you can see, the value of the vehicle is depreciating over time and the insurance helps cover the 'gap'. This cover has helped many of our customers over the years to buy a brand new car when they would otherwise have had to replace their car with one of lesser value.
Send me a no obligation quotation
To find out how much a policy will be for your car just call us for a quotation on any of the phone numbers opposite, or click 'quote' to get an online quotation.
Your quotation and policy will be managed by your local branch, so if there's anything you want to discuss in person you can call us or pop in at a convenient time.
- Protect the value of your car
- Cars up to 7 years old
- Cars up to £75,000.00
- From £6.95 per month equivalent
Price includes Insurance Premium Tax
01246 269000