GAP Insurance Quote

Specialist GAP Insurance for Taxi, Car or Van with a wide variety of cover options available.

   Get a free Online Quote in minutes

   Specialist, A-Rated insurer

  UK Customer Service Centre

  Cover for vehicle’s up to £150,000

Gap Quotes in Under 2 Minutes

FAQs

GAP insurance provides financial protection in the event that your vehicle is declared a total loss (written off) by your primary insurer. It covers the difference between the current market value of your vehicle at the time of the incident and the original purchase price or the remaining loan amount, whichever is higher. This is especially beneficial if you owe more on your car loan or lease than the car’s depreciated value.

The worth of GAP insurance can vary from person to person. If you’re financing a new or nearly new car, or leasing a vehicle, GAP insurance can be particularly useful. This is because cars depreciate rapidly in the first few years, and your regular insurance may not cover the full amount you owe on the loan if the car is written off.

GAP insurance covers the “gap” between the actual cash value of your vehicle and either the remaining balance on your car loan or the original purchase price of your car. In the event of a total loss due to theft, accident, fire, or other covered events, GAP insurance steps in to cover this financial difference.

Yes, GAP insurance does have exclusions. It does not cover any unpaid or overdue lease/loan payments, any financial penalties from your lease agreement, equipment or accessories not permanently fitted to your vehicle, and costs for extended warranties, credit life insurance, or other insurance purchased with the loan or lease.

The cost of GAP insurance varies depending on factors such as the value of your car and the terms of your loan or lease. However, it typically costs a few hundred pounds. We recommend completing an online quote to obtain your tailored quote.

Some ways to get cheaper GAP insurance quotes include shopping around and comparing prices from different insurers, maintaining a good credit score, and keeping a clean driving record. At Riviera Insurance, we strive to provide competitive quotes for our clients.

There are several types of GAP insurance available. These include Return-to-Invoice GAP Insurance (covers the difference between the insurance payout and the original invoice price of the car), Vehicle Replacement GAP Insurance (covers the difference between the insurance payout and the cost of a new vehicle), and Finance GAP Insurance (covers the difference between the insurance payout and the remaining balance on a car loan).

Depending on the provider, there can be several add-ons or optional extras available with GAP insurance. These may include coverage for additional equipment or modifications, cover for your policy excess, and possibly the inclusion of a replacement vehicle service.

Yes, GAP insurance can be particularly beneficial if you’re leasing a car. If the leased vehicle is written off, you might owe the leasing company more than the car’s insurance payout. GAP insurance can cover this shortfall.

No, you can get GAP insurance whether you’re financing a car, leasing a car, or if you’ve bought a car outright. However, it’s particularly useful when you’re financing or leasing a car, as these are situations where the ‘gap’ can be significant if the car is written off.

Benefits of GAP Insurance

Guaranteed Asset Protection (GAP) insurance offers invaluable benefits for UK drivers, including:

Financial Protection: Bridge the Gap, between the Vehicle Invoice Payment or Outstanding Finance, following a Total Loss Claim Settlement upon your Vehicle.

Peace of Mind: Safeguard your investment and avoid unexpected financial burdens.Tailored Policy: Tailor your policy, to suit your individual requirements.

Flexible Terms: Option to pay for your policy by instalments, spreading the cost.

Is GAP Insurance Worth It?

GAP Cover is worth it, for anyone wishing to reduce the potential financial exposure, should you be unfortunate to suffer a Total Loss Claim, upon your Vehicle.

What does a GAP Insurance Policy Cover

A GAP insurance policy typically covers:

The difference, between the Vehicle Invoice Payment or Outstanding Finance, following a Total Loss Claim Settlement upon your Vehicle.

Cover for fire, theft, accident, resulting in a Total Loss Claim, upon the insured Vehicle.

Cover available for both Private & Commercial Use (Taxi/Courier/Business) Vehicles.

Excess Covered, up to a maximum of £250.00.

 

Our reviews

At Riviera Insurance, our customers’ satisfaction speaks for our reliability. Feel free to check our glowing Google reviews that attest to our excellence in provision and service.

Riviera Insurance
4.8
Based on 600 reviews
powered by Google
Art NIArt NI
09:27 30 May 23
Simply the Best& Clearly much better than all the rest!Very pleased with the quotation I received renewed again this yearCustomer service is streets ahead polite, courteous and if they say they will call you back … surprise surprise they actually do- unlike most othersAll in all very happy
E SE S
21:02 26 May 23
Had a lovely experience with Riviera Insurance so far got the best quote online and a further discount during the call with the agent Beth which was lovely and very helpful throughout all the process. The app looks nice and clear. Would recommend to everyone I know
Pete JamesPete James
11:55 25 May 23
1st time searching for taxi insurance just for me (was a named driver before). Richard was very helpful, polite and friendly, guiding me though the process, with the best price quote - beating the competition.Very Happy with the whole process.
AshkalyAshkaly
11:58 17 May 23
Affordable and Reliable CoverageRiviera Insurance stands out as an affordable and reliable car insurance provider. They offer competitive rates, transparent policies, and excellent customer service. With a range of coverage options to suit different needs and budgets, Riviera Insurance ensures you can find the right policy. Their responsive customer service and convenient online tools make managing your policy hassle-free. For affordable and trustworthy car insurance, choose Riviera Insurance.
Alan BallAlan Ball
09:26 21 Apr 23
I purchased some Gap Insurance through Duncan at Riviera for my new BMW M440!I am absolutely delighted with the service I received and also the price I paid, BMW quoted me a figure that was 5 times higher than the amount I paid Riviera for effectively the same product. So for anyone looking for Gap cover all I can say is give Duncan a ring and you won't be disappointed !!
Stephen DareStephen Dare
11:24 28 Mar 23
Excellent customer service - needed liability insurance and Darren had great knowledge which lead to me knowing everything, without having to spend ages on the phone. He called back when he said he would a true asset to which has left an excellent impression of this company.
Virginia HarrowVirginia Harrow
11:39 25 Jan 23
Absolutely FIRST CLASS! I had to arrange new building insurance very quickly, after purchasing the freehold, and Tom was so brilliant. He sourced the market, and came back with a great offer, which I accepted. He was so easy to deal with, so professional, and so helpful. Very impressed with Riviera's service, and would not hesitate to recommend them. I shall definitely be using them for all my future insurance needs.
Mandy BMandy B
11:53 17 Oct 22
Riviera brought some calm ground into my stressful property purchase process. Tom set up a fairly priced building insurance ready for exchange of contracts. He was friendly, reassuring and easy to contact. Just what I needed. Thanks.
carlo bragagnolocarlo bragagnolo
14:53 12 Sep 22
I have found Riviera Insurance brokers to provide a good quality and professional service. I have used them for some two years now for insurance on my buy to let properties and they have always sought and found the most competitive policies for me to ensure that I don't spend over the odds on the insurance I am forced to purchase. I would highly recommend the service as well as the professional way they deal with me as their customer.
Chris KimberChris Kimber
21:31 10 Jul 22
Highly satisfied, very patient with me and made everything clear. They spend ages on the phone with me ensuring I had the right policy and I never felt rushed. When I had to cancel the policy when I left the trade they were equally as friendly and helpful. Top marks!
Russell FrostRussell Frost
08:28 01 Jun 22
I bought my minibus insurance last year with Riviera Insurance and was happy to renew it with them this year, first class service, very friendly, extremely professional. There communications is second to none, be it by email or phone call. If you're in the market for renewing your minibus or any insurance I'd give them a call first. Highly recommend
Liz AddisonLiz Addison
21:08 31 May 22
Great service. All standard checks made in plenty of time prior to renewal. All specific requirements listened to and addressed with updates provided timely. Clear and transparent communications. Quote sent with clear explanations of the cover being offered. Understood individual requirements for separate owners and for the policy as a whole. Would happily recommend Riviera.
Dazzler DjDazzler Dj
09:52 24 Jan 22
Amazing service - I Had a email about renewal - sent a reply and no more than 5 mins later received a phone call - I’m so impressed - it’s nice for a company to value your business - Sarah was very friendly extremely helpful and very professional - I would certainly recommend this company. - Dave Catmore
Jasper WybrantsJasper Wybrants
09:39 24 Jan 22
Tom was really responsive and came back with a really competitive quote really quick. Will use them again as the whole process was painless.
We’ve been with Riviera Insurance for over 5 years! They are professional, friendly and care about their customers. I highly recommend them.
Claudia ApostolClaudia Apostol
15:19 21 Dec 21
Really nice team, I was insured for the last 3 years by this insurance company.Keep the good work!
Art NIArt NI
09:27 30 May 23
Simply the Best& Clearly much better than all the rest!Very pleased with the quotation I received renewed again this yearCustomer service is streets ahead polite, courteous and if they say they will call you back … surprise surprise they actually do- unlike most othersAll in all very happy
E SE S
21:02 26 May 23
Had a lovely experience with Riviera Insurance so far got the best quote online and a further discount during the call with the agent Beth which was lovely and very helpful throughout all the process. The app looks nice and clear. Would recommend to everyone I know
Pete JamesPete James
11:55 25 May 23
1st time searching for taxi insurance just for me (was a named driver before). Richard was very helpful, polite and friendly, guiding me though the process, with the best price quote - beating the competition.Very Happy with the whole process.
AshkalyAshkaly
11:58 17 May 23
Affordable and Reliable CoverageRiviera Insurance stands out as an affordable and reliable car insurance provider. They offer competitive rates, transparent policies, and excellent customer service. With a range of coverage options to suit different needs and budgets, Riviera Insurance ensures you can find the right policy. Their responsive customer service and convenient online tools make managing your policy hassle-free. For affordable and trustworthy car insurance, choose Riviera Insurance.
Alan BallAlan Ball
09:26 21 Apr 23
I purchased some Gap Insurance through Duncan at Riviera for my new BMW M440!I am absolutely delighted with the service I received and also the price I paid, BMW quoted me a figure that was 5 times higher than the amount I paid Riviera for effectively the same product. So for anyone looking for Gap cover all I can say is give Duncan a ring and you won't be disappointed !!
Stephen DareStephen Dare
11:24 28 Mar 23
Excellent customer service - needed liability insurance and Darren had great knowledge which lead to me knowing everything, without having to spend ages on the phone. He called back when he said he would a true asset to which has left an excellent impression of this company.
Virginia HarrowVirginia Harrow
11:39 25 Jan 23
Absolutely FIRST CLASS! I had to arrange new building insurance very quickly, after purchasing the freehold, and Tom was so brilliant. He sourced the market, and came back with a great offer, which I accepted. He was so easy to deal with, so professional, and so helpful. Very impressed with Riviera's service, and would not hesitate to recommend them. I shall definitely be using them for all my future insurance needs.
Mandy BMandy B
11:53 17 Oct 22
Riviera brought some calm ground into my stressful property purchase process. Tom set up a fairly priced building insurance ready for exchange of contracts. He was friendly, reassuring and easy to contact. Just what I needed. Thanks.
carlo bragagnolocarlo bragagnolo
14:53 12 Sep 22
I have found Riviera Insurance brokers to provide a good quality and professional service. I have used them for some two years now for insurance on my buy to let properties and they have always sought and found the most competitive policies for me to ensure that I don't spend over the odds on the insurance I am forced to purchase. I would highly recommend the service as well as the professional way they deal with me as their customer.
Chris KimberChris Kimber
21:31 10 Jul 22
Highly satisfied, very patient with me and made everything clear. They spend ages on the phone with me ensuring I had the right policy and I never felt rushed. When I had to cancel the policy when I left the trade they were equally as friendly and helpful. Top marks!
Russell FrostRussell Frost
08:28 01 Jun 22
I bought my minibus insurance last year with Riviera Insurance and was happy to renew it with them this year, first class service, very friendly, extremely professional. There communications is second to none, be it by email or phone call. If you're in the market for renewing your minibus or any insurance I'd give them a call first. Highly recommend
Liz AddisonLiz Addison
21:08 31 May 22
Great service. All standard checks made in plenty of time prior to renewal. All specific requirements listened to and addressed with updates provided timely. Clear and transparent communications. Quote sent with clear explanations of the cover being offered. Understood individual requirements for separate owners and for the policy as a whole. Would happily recommend Riviera.
Dazzler DjDazzler Dj
09:52 24 Jan 22
Amazing service - I Had a email about renewal - sent a reply and no more than 5 mins later received a phone call - I’m so impressed - it’s nice for a company to value your business - Sarah was very friendly extremely helpful and very professional - I would certainly recommend this company. - Dave Catmore
Jasper WybrantsJasper Wybrants
09:39 24 Jan 22
Tom was really responsive and came back with a really competitive quote really quick. Will use them again as the whole process was painless.
We’ve been with Riviera Insurance for over 5 years! They are professional, friendly and care about their customers. I highly recommend them.
Claudia ApostolClaudia Apostol
15:19 21 Dec 21
Really nice team, I was insured for the last 3 years by this insurance company.Keep the good work!
js_loader

How Much Is GAP Insurance?

The cost of GAP insurance varies depending on factors like the vehicle’s value, the length of coverage, and the provider. However, compared to the potential financial loss, GAP insurance is often very affordable.

 

Types of GAP Insurance Available

We offer 2 types of GAP insurance, these being:

Return-to-Invoice (RTI): Covers the difference, between the Total Loss Claim Settlement, and the original Vehicle Invoice paid.

Finance: Covers the remaining balance upon the Finance Agreement, following the Total Loss Claim Settlement made.

How can I get cheaper GAP Insurance Quotes?

To secure cheaper GAP insurance quotes:

Compare quotes from multiple providers.

Consider the length of coverage you need.

Opt for a policy that suits your specific vehicle and financial situation.

Download our FREE app

At Riviera Insurance, we want to help you. That is why we have developed the Riviera Insurance App to help you easily upload documents, view your documents, report claims and much more.

Does GAP Insurance Have Exclusions?

While GAP insurance is comprehensive, it may have certain exclusions, such as coverage limits, specific vehicle age requirements, and restrictions on modified vehicles. It’s crucial to review the policy terms and conditions carefully.

Big enough to save, small enough to care.

Our staff are empowered to contact insurance companies and underwriters on your behalf, giving an entirely personal service across the whole UK with no call centres. We take the time to know your insurance needs to offer you the cheapest insurance policy.

With the added benefit of optional cover, options are to suit you and your pocket. So, finding cheap insurance has never been more simple.

If you are local to Torbay, you can even pop in and see us arrange your insurance at our high street office on Union Street in Torquay.