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Used Car GAP Insurance
One of the fastest growing types of insurance in the UK currently is GAP insurance. A GAP insurance policy can be a useful form of protection for those who finance the purchase of a car with a loan. Quotezone takes all the hassle out of buying your used car GAP insurance by doing all the leg work for you. We find cheap online quotes and tailor make a policy that is just right for you. Our comparison system can locate and compare the best and cheapest quotes with major UK insurers or brokers.
Why should I take out a GAP insurance policy?
Initially, the loan will cover expenses such as interest, road fund license and extras, leaving you with a larger bill than your used car is actually worth. Your used car will also depreciate greatly, even within the first year. This means that if your car is written off in an accident you might end up owing more than the car is worth, with the added cost of replacing it. With GAP insurance you have peace of mind that if you do total your car, you will recoup all your expenses of the initial invoice price of the used car. This can be used to pay off the entire loan and refinance another car. When you consider the depreciation of a car, GAP insurance becomes an excellent idea.
Am I safe with Quotezone?
Quotezone and all of our affiliates are regulated by FCA rules and guidelines. We must adhere to those at all times and can guarantee that your data and information are safe.