Gap or Guaranteed Asset Protection Insurance is something that many people do not consider when purchasing a new vehicle. However, this policy could save you a lot of money in the event of a bad incident. This is whether they have paid for the vehicle upfront or it is on lease or finance.
After the home, a vehicle is quite often the most valuable asset owned. But what happens if that vehicle is written off following an accident and the motor insurer’s settlement doesn’t cover the replacement cost? Whether the reason is that the car has simply decreased in value or the amount paid out by the insurers doesn’t cover any outstanding finance, GAP insurance is the answer.
You receive and are covered for the difference between the insurance pay out and the cost of your finance, lease or contract hire settlement.
Return to Invoice (RTI)
This is where the difference between the insurance pay out received and the price you paid for the car or van is covered.
Replacement Vehicle Insurance (RVI)
This covers the difference between the insurance pay out and the cost of a similar vehicle at the point you first purchased it.
* Vehicle images and descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer. All quotations are correct at the time of being published but are subject to change at any time without notification. We supply all makes and models of cars and vans on contract hire and leasing deals with delivery in England, Scotland, Wales and Northern Ireland - delivery charges may apply. Vehicles listed as being in stock are available subject to availability at the time of order and can be sold at any time without notice. All makes and models of cars and vans are available including but not limited to Abarth, Alfa Romeo, Alpina, Aston Martin, Audi, Bentley, BMW, Citroen, Dacia, DS, Ferrari, Fiat, Ford, Great Wall, Honda, Hyundai, Infiniti, Isuzu, Iveco, Jaguar, Jeep, Kia, Lamborghini, Land Rover, LDV, Lexus, Lotus, Maserati, Mazda, McLaren, Mercedes-Benz, MG, MINI, Mitsubishi, Morgan, Nissan, Peugeot, Porsche, Renault, Rolls Royce, SEAT, Skoda, Smart, SsangYong, Subaru, Suzuki, Tesla, Toyota, Vauxhall, Volkswagen and Volvo.
T: 0330 022 9040
Move Vehicle Leasing
24 Holborn Viaduct
Move Vehicle Leasing is a trading name of Move Vehicle Leasing Limited
Move Vehicle Leasing Limited are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Reference No : 734782
Registered in England & Wales with company number : 09729677 | Data Protection No : ZA171391 | VAT No : 235 3484 09
Registered Office : Move Vehicle Leasing Limited, International House, 24 Holborn Viaduct, London, EC1A 2BN
CONTRACT HIRE - WILL THE VEHICLE BECOME YOURS? You will never own the vehicle. At the end of the agreement, arrangements will be made to collect the vehicle.
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