Purchased a used car and want to make use of a gap insurance product to cover the difference between its purchase price and the value later on should something unfortunate happen? If so, why not get a quote today with this comparison service and receive prices from several specialist insurers all in one go?
Gap insurance is not just for brand new cars, this insurance works well on used vehicles, motorcycles, vans just as well.
It protects someone who is getting a new vehicle whether brand new or second hand, against depreciating costs in the event of an accident and this vehicle being written off. The gap insurance policy would cover the different between the insurers payment amount (the list price of the vehicle) and what the vehicle was original purchased for.