Gap Insurance Guide
Other Insurance Products
What is Gap insurance?
GAP insurance bought within three months of delivery
This covers the shortfall between primary insurer’s settlement and either:
- The original invoice price
- A new replacement for old
- Finance outstanding
Eligibility
- New and used vehicles up to five years old at the start of the policy
- Cars and vans owned outright, on finance or leased
- Trucks on finance or leased
- Motorcycles owned outright or on finance
- Motor homes owned outright or on finance
- Policies must be bought within three months of delivery
Get a quoteGAP insurance bought after three months from delivery, or if the car or van is more than five years old.
This covers the shortfall between primary insurer’s settlement and Parker's 'Private Good' valuation.
Eligibility
- Used cars and vans up to ten years old at the start of the policy
- Vehicles owned outright, on finance but not leased
- Any type of general vehicle insurance accepted (including third parties)
- Policies can be bought at any time after delivery