GAP Insurance Information

Buying a new car? You need GAP Insurance

GAP Insurance Make sure you take GAP insurance cover.  This is usually offered by the garage or dealership where you purchase your vehicle however they are often 50 to 70% more in premium than you can obtain from Bromwall.  Contact us for a GAP insurance quote today – don’t be lead by a dealership!  GAP insurance is designed to provide cover in the event of a total loss.  When insurers pay out for a claim, they will pay the current market value.  The finance on the vehicle will be based on the purchase price.  As a result the insurance payout will usually (in the first 3 to 4 years) be much less than the purchase price, thus giving you a “gap” between the claim payout and the remaining finance.  A GAP insurance policy will effectively fill this shortfall.  The cover can be arranged for a finance gap or back to invoice (the original value of the vehicle).  Contact Bromwall for a quote today.  We are sure we can save you money.  All policies are underwritten by leading UK insurers. 01707 883377 for your GAP insurance quotation or visit our GAP Insurance page here

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