GAP insurance statistics

We're often asked questions like, "Is GAP insurance worth it?" and "Do many people buy GAP insurance?". Of course we know that the popularity and demand for GAP insurance has rocketed in recent years, that more people are buying GAP insurance than ever before and that we provide policies to people all across the UK.

We can tell you all these things... but sometimes it's just better to show you. So here goes...

Where we cover

We have policyholders all over the UK.

A Map Of UK Policyholders

The map: shows the postcode areas in which we have GAP Insurance policyholders.

Cover and claim statistics

To our knowledge we're still the only GAP insurance provider which publishes claim statistics. The Financial Conduct Authority (FCA) have been toying with the idea of making it compulsory for GAP insurance claim statistics to be published by all providers - we've been doing it for years though.

Cover Statistics

£892,641,022.97
(Total value of vehicles covered)

£3,634,485.04
(Total value of paid claims)

£49,475.00
(Largest claim to date)

£7,197.00
(Average claim payout)

UK GAP insurance claims by postcode area

The map: above, shows (by way of postcode area) the location of claims that have been made on our Invoice and Replacement GAP insurance policies. The "Total value of vehicles covered" is displayed in real-time. The "Total value of paid claims", "Largest claim to date" and "Average claim payout" are derived from claim statistics which are updated once-per-month.

Recent GAP insurance claims

If you're not sure of the benefit of GAP insurance, check out some of our recently paid claims below:

Toyota Auris

Toyota Auris
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
July 2020
£9,390
£2,448
Policy Cost:
The policy cost £96.60 (3.95% of the amount the policy paid out.)

Ford Focus

Ford Focus
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
June 2020
£4,900
£1,225
Policy Cost:
The policy cost £68.04 (5.55% of the amount the policy paid out.)

Honda CR-V

Honda CR-V
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
November 2019
£7,230
£2,058
Policy Cost:
The policy cost £68.04 (3.31% of the amount the policy paid out.)

Audi A6

Audi A6
GAP Claim
Motor insurance Pay-out
Top-Up GAP Pay-out
October 2019
£17,500
£4,455
Policy Cost:
The policy cost £68.04 (1.53% of the amount the policy paid out.)

Skoda Kodiaq

Skoda Kodiaq
Lease began
GAP Claim
Contract Hire GAP Pay-out
October 2018
February 2020
£1,271
Length of ownership:
16 Months
Policy Cost:
The policy cost £94.53 (7.44% of the amount the policy paid out.)

Mercedes-Benz A-Class

Mercedes-Benz A-Class
Lease began
GAP Claim
Contract Hire GAP Pay-out
October 2019
February 2020
£935
Length of ownership:
4 Months
Policy Cost:
The policy cost £88.20 (9.43% of the amount the policy paid out.)

Volvo XC60

Volvo XC60
Lease began
GAP Claim
Contract Hire GAP Pay-out
September 2017
February 2020
£1,172
Length of ownership:
29 Months
Policy Cost:
The policy cost £64.08 (5.47% of the amount the policy paid out.)

Vauxhall Astra

Vauxhall Astra
Lease began
GAP Claim
Contract Hire GAP Pay-out
August 2019
December 2019
£250
Length of ownership:
4 Months
Policy Cost:
The policy cost £68.80 (27.52% of the amount the policy paid out.)

BMW 4 Series

BMW 4 Series
Lease began
GAP Claim
Contract Hire GAP Pay-out
July 2019
November 2019
£277
Length of ownership:
4 Months
Policy Cost:
The policy cost £104.03 (37.56% of the amount the policy paid out.)

BMW X3

BMW X3
Lease began
GAP Claim
Contract Hire GAP Pay-out
May 2019
September 2019
£774
Length of ownership:
4 Months
Policy Cost:
The policy cost £101.61 (13.13% of the amount the policy paid out.)

Honda CR-V

Honda CR-V
Lease began
GAP Claim
Contract Hire GAP Pay-out
June 2018
September 2019
£250
Length of ownership:
15 Months
Policy Cost:
The policy cost £136.83 (54.73% of the amount the policy paid out.)

Audi A5 Cabriolet

Audi A5 Cabriolet
Lease began
GAP Claim
Contract Hire GAP Pay-out
March 2018
August 2019
£1,200
Length of ownership:
17 Months
Policy Cost:
The policy cost £105.22 (8.77% of the amount the policy paid out.)

Land Rover Range Rover

Land Rover Range Rover
Lease began
GAP Claim
Contract Hire GAP Pay-out
September 2017
July 2019
£10,271
Length of ownership:
22 Months
Policy Cost:
The policy cost £192.00 (1.87% of the amount the policy paid out.)

Seat Leon

Seat Leon
Lease began
GAP Claim
Contract Hire GAP Pay-out
March 2019
May 2019
£1,065
Length of ownership:
2 Months
Policy Cost:
The policy cost £83.52 (7.84% of the amount the policy paid out.)

Nissan Juke

Nissan Juke
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
March 2020
£11,000
September 2020
£950
Length of ownership:
6 Months
Rate Of Depreciation:
An average of £158.33 per month
Total Depreciation:
8.64% of its original Invoice Price during the 6 months it was owned.
Policy Cost:
The policy cost £175.12 (18.43% of the amount the policy paid out.)

Mercedes-Benz GLC-Class

Mercedes-Benz GLC-Class
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
December 2019
£31,999
September 2020
£250
Length of ownership:
9 Months
Rate Of Depreciation:
An average of £27.78 per month
Total Depreciation:
0.78% of its original Invoice Price during the 9 months it was owned.
Policy Cost:
The policy cost £234.63 (93.85% of the amount the policy paid out.)

BMW 5 Series

BMW 5 Series
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
February 2020
£31,000
September 2020
£3,960
Length of ownership:
7 Months
Rate Of Depreciation:
An average of £565.71 per month
Total Depreciation:
12.77% of its original Invoice Price during the 7 months it was owned.
Policy Cost:
The policy cost £211.17 (5.33% of the amount the policy paid out.)

Nissan Qashqai

Nissan Qashqai
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
April 2019
£17,600
August 2020
£3,013
Length of ownership:
16 Months
Rate Of Depreciation:
An average of £188.31 per month
Total Depreciation:
17.12% of its original Invoice Price during the 16 months it was owned.
Policy Cost:
The policy cost £191.61 (6.36% of the amount the policy paid out.)

Mercedes-Benz S-Class

Mercedes-Benz S-Class
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
June 2019
£90,000
July 2020
£13,000
Length of ownership:
13 Months
Rate Of Depreciation:
An average of £1,000.00 per month
Total Depreciation:
14.44% of its original Invoice Price during the 13 months it was owned.
Policy Cost:
The policy cost £330.00 (2.54% of the amount the policy paid out.)

BMW 3 Series

BMW 3 Series
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
December 2019
£15,990
June 2020
£250
Length of ownership:
6 Months
Rate Of Depreciation:
An average of £41.67 per month
Total Depreciation:
1.56% of its original Invoice Price during the 6 months it was owned.
Policy Cost:
The policy cost £146.78 (58.71% of the amount the policy paid out.)

Audi A4

Audi A4
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
April 2020
£11,000
June 2020
£900
Length of ownership:
2 Months
Rate Of Depreciation:
An average of £450.00 per month
Total Depreciation:
8.18% of its original Invoice Price during the 2 months it was owned.
Policy Cost:
The policy cost £150.00 (16.67% of the amount the policy paid out.)

Alfa Romeo Giulia

Alfa Romeo Giulia
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
June 2018
£39,259
June 2020
£15,774
Length of ownership:
24 Months
Rate Of Depreciation:
An average of £657.23 per month
Total Depreciation:
40.18% of its original Invoice Price during the 24 months it was owned.
Policy Cost:
The policy cost £182.51 (1.16% of the amount the policy paid out.)

BMW X5

BMW X5
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
March 2017
£19,385
April 2020
£6,295
Length of ownership:
37 Months
Rate Of Depreciation:
An average of £170.14 per month
Total Depreciation:
32.47% of its original Invoice Price during the 37 months it was owned.
Policy Cost:
The policy cost £108.46 (1.72% of the amount the policy paid out.)

Land Rover Range Rover Sport

Land Rover Range Rover Sport
Vehicle Purchased
Invoice Price
GAP Claim
Invoice GAP Pay-out
September 2019
£67,157
April 2020
£11,246
Length of ownership:
7 Months
Rate Of Depreciation:
An average of £1,606.57 per month
Total Depreciation:
16.75% of its original Invoice Price during the 7 months it was owned.
Policy Cost:
The policy cost £392.09 (3.49% of the amount the policy paid out.)

Audi TTS Coupe

Audi TTS Coupe
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
January 2018
£31,000
July 2020
£11,430
Length of ownership:
30 Months
Rate Of Depreciation:
An average of £381.00 per month*
Total Depreciation:
36.87% of its original Invoice Price during the 30 months it was owned.*
Policy Cost:
The policy cost £240.86 (2.11% of the amount the policy paid out.)

BMW M4

BMW M4
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
August 2018
£81,000
July 2020
£36,384
Length of ownership:
23 Months
Rate Of Depreciation:
An average of £1,581.93 per month*
Total Depreciation:
44.92% of its original Invoice Price during the 23 months it was owned.*
Policy Cost:
The policy cost £588.25 (1.62% of the amount the policy paid out.)

Mercedes-Benz GLC-Class

Mercedes-Benz GLC-Class
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
December 2017
£47,000
June 2020
£17,781
Length of ownership:
30 Months
Rate Of Depreciation:
An average of £592.70 per month*
Total Depreciation:
37.83% of its original Invoice Price during the 30 months it was owned.*
Policy Cost:
The policy cost £436.97 (2.46% of the amount the policy paid out.)

Land Rover Range Rover Sport

Land Rover Range Rover Sport
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
July 2017
£62,175
June 2020
£33,889
Length of ownership:
35 Months
Rate Of Depreciation:
An average of £968.26 per month*
Total Depreciation:
54.51% of its original Invoice Price during the 35 months it was owned.*
Policy Cost:
The policy cost £389.00 (1.15% of the amount the policy paid out.)

Honda Jazz

Honda Jazz
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
March 2018
£17,525
June 2020
£7,599
Length of ownership:
27 Months
Rate Of Depreciation:
An average of £281.44 per month*
Total Depreciation:
43.36% of its original Invoice Price during the 27 months it was owned.*
Policy Cost:
The policy cost £193.31 (2.54% of the amount the policy paid out.)

BMW 4 SERIES

BMW 4 SERIES
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
October 2017
£42,000
May 2020
£18,537
Length of ownership:
31 Months
Rate Of Depreciation:
An average of £597.97 per month*
Total Depreciation:
44.14% of its original Invoice Price during the 31 months it was owned.*
Policy Cost:
The policy cost £212.03 (1.14% of the amount the policy paid out.)

Mazda 2

Mazda 2
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
August 2017
£6,000
May 2020
£3,289
Length of ownership:
33 Months
Rate Of Depreciation:
An average of £99.66 per month*
Total Depreciation:
54.81% of its original Invoice Price during the 33 months it was owned.*
Policy Cost:
The policy cost £102.04 (3.10% of the amount the policy paid out.)

Kia Ceed

Kia Ceed
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
April 2019
£24,806
April 2020
£3,576
Length of ownership:
12 Months
Rate Of Depreciation:
An average of £298.02 per month*
Total Depreciation:
14.42% of its original Invoice Price during the 12 months it was owned.*
Policy Cost:
The policy cost £205.27 (5.74% of the amount the policy paid out.)

BMW 5 Series

BMW 5 Series
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
July 2017
£23,861
April 2020
£9,095
Length of ownership:
33 Months
Rate Of Depreciation:
An average of £275.61 per month*
Total Depreciation:
38.12% of its original Invoice Price during the 33 months it was owned.*
Policy Cost:
The policy cost £147.62 (1.62% of the amount the policy paid out.)

Land Rover Range Rover Evoque

Land Rover Range Rover Evoque
Vehicle Purchased
Invoice Price
GAP Claim
GAP Payout
May 2017
£40,400
April 2020
£12,910
Length of ownership:
35 Months
Rate Of Depreciation:
An average of £368.86 per month*
Total Depreciation:
31.96% of its original Invoice Price during the 35 months it was owned.*
Policy Cost:
The policy cost £225.00 (1.74% of the amount the policy paid out.)

* - The Replacement GAP insurance rates of depreciation figures shown above reflect not only the depreciation of the original vehicle, but also the potential for the cost of the replacement vehicle to have been greater than the original purchase price paid.

At a glance statistics

Vehicles that we cover.
(Click on or hover over a segment)

The above chart shows a percentage-breakdown of all of our GAP insurance policies according to the make of vehicle that they cover. The top 10 vehicle makes are highlighted.

Claims by vehicle make.
(Click on or hover over a segment)

The above chart shows a percentage-breakdown of the vehicle makes which have been written off and for which we have paid claims. The top 10 vehicle makes are highlighted.

Claims by amount paid
(Click on or hover over a segment)

The above chart shows a percentage breakdown of the amounts that we've paid out in claims by vehicle make. The top 10 vehicle makes are highlighted.

What are people buying?
(Click on or hover over a segment)

The above chart shows a percentage-breakdown of the split between Invoice, Replacement & Contract Hire GAP insurance policies that have been purchased from us.