Essential cover for protecting your car’s value

Do you have comprehensive motor insurance for your new or used car?
You may be surprised to find that it’s not as comprehensive as it sounds.

Most people don’t know that if your car is stolen or written off that your insurance pay out is likely to be quite a lot less than you expected. That’s because motor insurers normally only agree to pay out the value of your car at the time of the theft or accident – not the value of your car when you purchased it.

As cars can depreciate in value quite rapidly over the first three years, it can be a nasty shock when you’re left with a gap between the insurer’s payout and the cost of a replacement car similar to the one you purchased. If you’ve taken finance to buy your vehicle, you could also have a worrying shortfall when the payout falls a long way short of the amount you owe on a loan or financial scheme.

Think it can’t happen to you? You’d be surprised at the sheer number of cars written off or stolen every year – read the shocking figures here.

Good news! 

You needn’t lose out if you take out Gap Insurance when you buy your car. It can cover the difference between the insurer’s valuation and the cost of a similar replacement car. Buying cover direct rather than through a dealership can also save you money.

helpucover offers you Gap Insurance from just £3.06 per month. It's a low-cost way of protecting your investment – something comprehensive motor insurance alone won’t do.

Get a quote now

Find out how Gap Insurance works