Gap Insurance from APG Cover, part of AutoProtect Group
Do you know how much you would get from your motor insurer if your vehicle was declared a write-off due to an accident, fire or theft?
Even with comprehensive motor cover, if your vehicle is written off, your motor insurer will only pay you a settlement based on your vehicles value on the date of loss, and because vehicles depreciate over time,this will likely not cover the cost of any outstanding finance.
Purchased your vehicle with cash?
APG Cover Gap Insurance will make up the shortfall between what your motor insurer will pay, which is the market value of your vehicle at the time of loss, and your vehicle's value when you bought it.
Purchased your vehicle on Finance?
APG Cover Gap Insurance will cover the outstanding balance on your finance account, or the shortfall between what your motor insurer will pay, which is the market value at the time of loss, and your vehicles value when you bought it, whichever is greater.
Whether you've purchased your vehicle on finance or with cash, APGCover Gap Insurance, brought to you by AutoProtect Group is available to assist you.
Click below to learn more about Gap Insurance from APG Cover
APG Cover Combined Gap Insurance Plus will cover the short fall of up to £75,000 between the purchase price of the vehicle and what your motor insurer pays out, or the outstanding finance settlement, whichever is greater.
Your APG Cover Gap Insurance will cover you for dealer-fitted accessories up to a total of £1,500.
Any driver is covered whilst driving your vehicle, as long as they have the policyholder’s permission and are listed as a named driver on the comprehensive motor insurance policy.
In the event of a covered claim, you will also be covered for up to£500 of your motor insurance excess.
Frequently Asked Questions
Yes! But only within the First 180 days
Comprehensive car insurance covers the current market value of your vehicle, which may depreciate over time. GAP Insurance protects you from financial loss by covering the shortfall between the insurance payout and what you owe or paid for the vehicle.
We offer a 36 month or a 48 month policy. We would recommend that you take out a policy that best fits how long you intend to keep the vehicle. The longer you own the vehicle the more your vehicle will have depreciated and the more you would need to find to replace, if you didn't have GAP Insurance.
Yes! Both Driving Schools and Taxis (up to 10 seats) are eligible for this cover
For more information including the Terms & Conditions please visit www.apgcover.co.uk or telephone 0208 543 6006
APG Cover is a trading name of Future 45 Limited. registered in the U.K and authorised and regulated by the Financial Conduct Authority (461102) to undertake insurance distribution. APG Cover, part of theAutoProtect Group, acts on behalf of Acasta Europe Limited.