Gap car insurance (the kind of policy that is offered by UK specialist Click4Gap) is designed to cover the value of any outstanding finance on your new or used car after it has been classed as a write-off by an insurance company following an accident - and in some cases it can also cover you if your car happens to be stolen too.
So in basic terms - gap car insurance covers you for the difference between what you would owe on a vehicle and what an insurance company says it's worth.
A popular UK-provider of new and used car gap insurance is Click4Gap - a company that has an easy-to-use website and a range of different products that guarantee flexible cover. Their twenty years in the business means that their products are amongst the cheapest and most flexible on the market.
All information shown is based on Fully Comprehensive insurance policies.
The Information above is correct as of the 31st of January 2007.
Policies are liable to change and are subject to the terms and conditions of the individual insurers.
The content of this website is for information purposes only and must not be taken or used as 'advice' on the type of financial product that is most suited to your needs.