Why do I need Finance GAP Insurance?

It is a sad fact that vehicle related crime represents a significant percentage of all reported crime in the UK. How often have you heard of people who have had their vehicle stolen or written off and have not been able to replace their vehicle with another of a similar value?

This is because at the time of loss you will only be entitled to receive the current market value of your vehicle from your insurance company, not what you owe the finance company.

Even though you’re insured, your payout
could stop here… If you are wise, we’ll
pay the rest…

Vehicles with less than a 30% deposit , or financed over a 36 month term may result in a shortfall between any insurance payout (write off) and your insurance settlement – which you are liable for.

  • GAP insurance pays the difference between your motor insurance payout and what you owe your insurance provider in the event of a write off
  • We can also offer Return To Invoice cover
  • Please contact us if you would like to discuss the cover.

For further information about any of our products please contact Paul Sargent on 0845 111 1070 or email paul@angloscottishfinance.co.uk

Please click here to download our company brochure in PDF format.

“Excellent service,
very fast and efficient.
Highly recommended”

Steve Carr, Titanium Software
Newcastle Upon Tyne

AngloScottish Asset Finance
T: 0845 111 1070
F: 0845 111 1080
E: info@angloscottishfinance.co.uk