insurance write off

GAP insurance: what is it and do you need it?

gap insurance

The last thing you want is to have a car crash and then be left out of pocket

Having a car stolen or written off can be hugely stressful. For a start, you suddenly no longer have a car. There’s the fall-out from the incident itself. And then there’s the possibility that you’ll be out of pocket. That’s where GAP insurance comes in.

Guaranteed Asset Protection insurance, otherwise known as GAP, should ensure car owners aren’t left counting the cost of an unforeseen occurrence. You might now ask if that isn’t what regular motor insurance is for. The answer to that is yes… and no. But it’s worth taking the time to work out whether it might be worth protecting your investment with GAP.

Where GAP and comprehensive insurance differ

Continue reading