Cheap Finance Gap Insurance
Finance GAP Insurance
Finance GAP insurance becomes necessary if you buy a car or take out a contract hire using a bank loan or a finance company loan. Quotezone can help you locate and compare the cheapest and best online quotes with major UK insurance providers. We work with brokers and providers to tailor a policy to suit your requirements. If you need to made a comparison for a GAP policy on a financed vehicle we will find you cheap quotes with reputable providers.
How does finance GAP insurance work?
There will always be a deficit between the amount you borrow to finance payment on the car and the actual blue book value of the car. If your car is totalled your motor insurance will pay for the value of the car, leaving a gap between that amount and what you owe the finance company. Finance GAP insurance will pay you the deficit amount, which will then clear your entire balance with the finance company. When you take out a loan for a new car on finance, the last thing you will want is to lose money if your car is written off. That is why GAP insurance is vital to any car owner who purchased their vehicle with a financial agreement with their bank or finance company.
Do Quotezone find me a perfect policy?
GAP insurance is a guaranteed asset protection insurance. Quotezone will find you the ideal policy to suit your car, your pocket and your requirements.