Gap Insurance

Buying a car is a big investment, but cars depreciate in value very quickly. If your car is written off or stolen, your average car insurance will pay out against the value of your car at the time of the accident or theft, NOT the price you originally paid for it.

This could leave you with a sizable cash shortfall to find - that's where car value protector gap insurance can help.

It covers the gap between your insurance payout and the value of the car at the time you bought the policy.

While moneysupermarket.com doesn't currently offer a comparison of gap insurance policies, we've teamed up with helpucover.co.uk, a leading gap insurance provider. Just click here to get a quote now.

Why buy Gap Insurance

If you are thinking about buying a new car but feel that this is not the right time to do so due to falling car prices in the current financial climate, then gap Insurance can help. The current market has seen an increase in the amount of customers taking out the product as it takes away the anxiety of losing value on your car through depreciation.

Benefits of Gap Insurance

• No need to make up the difference with any extra hard earned cash.
• Getting you back into a car similar to the one you bought.
• Cover available for vehicles up to 7 years old.
• A quick and easy application process.