Mind the gap with GAP insurance
No-one likes to think about the possibility of an accident, and the idea of a write-off is even worse. But things happen in life, and being prepared is a great way to alleviate some of the stress and anxiety. With our GAP and Combined GAP and RTI insurance policies, you can rest assured that you’ll be protected when you need to be.
GAP is an acronym for Guaranteed Asset Protection, and the basic GAP insurance covers you if you buy a vehicle on finance or a lease agreement. It’s an insurance policy that sits atop your standard vehicle insurance to ensure that you have a better level of protection should a write-off occur. If you buy outright, don’t worry; there’s a policy for you too: Combined GAP and RTI insurance. Both of these policies could cover the gap left between what you need and what your insurer pays out after a write-off from an accident, fire, or theft, either to help make sure that you get the money to pay off what you owe or to get moving again.
Frequently Asked Questions
Why would I benefit from GAP insurance?
How does GAP insurance work?
Ok, I understand GAP insurance, but it will only give me up to the remainder of what I owe. I’d have paid off my debts, but I’d still be down what I’d already paid off my agreement before the crash. What do I do?
What if I take out a policy and then change my van?
What if I take out a policy and then don’t want it anymore?
Can I take out a GAP or Combined GAP and RTI policy on a used van?
Do GAP insurance and Combined GAP and RTI insurance meet the ABI code of practice?
What is the ABI?
GAP Insurance from Swiss Vans
Planning for an accident is just not something anyone likes to do. But if your van is your livelihood or an essential part of your day-to-day family life, a write-off could be catastrophic even if no-one is hurt. Think about the pros and cons of a GAP policy for your situation. If you think it might be a good idea for you, ask us about our policies, and we’ll tell you everything we can to help you make your decision.
Take care, drive safe, and don’t worry; we’ll do what we can to ensure your peace of mind. And that, of course, involves selling you a great van!