The Premium Choice For

Gap Insurance

Gain peace of mind when you cover your vehicle with a Platinum Product

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Platinum Gap Insurance Products


Finance/Contract Hire

In the event of your vehicle being declared a Total Loss, our Finance, Lease and Contract Hire gap insurance will pay the difference between the outstanding finance balance and the motor insurers settlement.

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Return to Invoice

If your vehicle is declared a Total Loss, Return To Invoice (RTI) gap insurance pays the difference between your insurer's settlement and the purchase price paid for your vehicle.

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Vehicle Replacement

Should your vehicle be declared a Total Loss, the insurance will pay the shortfall between the settlement offered by the motor insurer and the cost of a replacement vehicle matching the specification of the original.

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What is gap insurance and how does it work?

Gap insurance gives you extra peace of mind when you buy a car, and it could save you money in the long run. It covers the difference in price between what you paid for the car when you bought it, and the amount an insurance company would give you if your car was written off or stolen.

If, for instance, you purchased a car for £15,000, and when it was written off the insurance company would only pay you £6,000, your gap insurance policy would pay out the remaining £9,000. That's a substantial amount of money to help you buy your next car.

If you have any remaining finance on your car when it's written off or stolen you can be left making payments for a car you no longer own. Gap insurance takes care of those payments, enabling you to put your money towards a new vehicle.

Cars depreciate with every passing month, and insurers will take that depreciation into account when they pay-out. Gap insurance gives you the confidence that whatever you paid for your car when it was new, is exactly what you will get back should it be written off or stolen. You can be confident that should the worst happen, you'll have the funds to purchase a replacement car of a similar specification.

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Should I buy gap insurance?

Gap insurance can give you valuable peace of mind, and can help get you back on the road quickly should your car be written off or stolen. Cars depreciate year on year, with the biggest falls in the early years. If you bought a car for £30,000 one year and it's written off the following year, would you be happy to receive just £18,000 from your insurer?

If you bought that car using a loan, you could be making up that £12,000 shortfall in your monthly payments for some time to come.

The higher the initial purchase price of your car, the greater the depreciation and the more you could be left out of pocket.

750,000 cars are written off in the UK due to accidents and thousands more are stolen every year. Gap insurance removes the risk of being seriously out of pocket should your car be one of them.

No vehicle owner has precisely the same requirements and our gap insurance reflects this. We can tailor our products to meet your exact needs, so you don't end up paying for cover that you don't need. You can opt for a simple policy that will meet any finance or contract hire obligations, or a more comprehensive option that will enable you to buy a replacement vehicle of the same specification.

Unlike standard car insurance, the premium you pay is not influenced by the driver's age, driving experience, where they live, no claims discount or the make of vehicle.

For a small premium, you can ensure you're not seriously out of pocket and left stranded should unforeseen events mean your car is no more.

Why choose Platinum Gap?

  • Superb Value: the range of gap insurance products we offer is considerably cheaper than you're likely to be offered by your dealership. We could save you an incredible 75%, meaning that gap insurance is far more affordable than you might have imagined.
  • Great Customer Service: At Platinum Gap, we pride ourselves on our strong customer service ethos. Our team of trained insurance professionals understand cars, insurance and motor finance and always try to go that extra mile. As none of our team receives a commission when you buy gap insurance from us you can be sure you won't be subjected to hard-sell techniques to get you to sign up to a product you don't need. We always aim to ensure that you get the right product for your needs. As we don't use anonymous call centres, if you ever have to make a claim it will be handled by our professional team as speedily and efficiently as possible.
  • Unlimited Claim Limits: if your vehicle is valued less than £50,000 you will automatically qualify for our unlimited claim policies. You pay a single price for unlimited cover for up to 5 years.

Monthly payments available

  • Spread The Cost Over 12 Months
  • Available All GAP Policies

Call our payments team to find out more on

0113 460 78 00
Mon-Fri 9am-6pm, Sat 10am-4pm