How it works

Invoice GAP Insurance is the most popular form of GAP Insurance that is purchased today and our newly revised Invoice GAP Insurance policy can only further build on that sucess.

In the event of your vehicle being written off, Invoice GAP Insurance will pay the difference between your Motor Insurance Payout and either; the amount that you originally paid for the vehicle or (if applicable) the Finance Agreement Settlement Figure at the time of claim - whichever is the greater!

  

Eligibility

Eligibility criteria changes depending on the supplier, but in general:

  • Cover available for Cars, Motorcycles and Light Vans purchased from a VAT Registered Motor Dealer.
  • Cover available for Used and New vehicles purchased up to 105 days ago.
  • Maximum vehicle age = 6 years old
  • Maximum vehicle purchase price = £100,000
  • Maximum claim limit available = £25,000
  • Cover available for 1, 2, 3, or 4 years