GAP Insurance

Guaranteed Asset Protection (GAP) Insurance is designed to cover the gap between the purchase price of your car and the pay out from the insurer, in the unfortunate event of a total loss claim. It can also cover any outstanding finance over and above the purchase price, depending on the level of cover you select.

With Stella GAP insurance in place, you can have the peace of mind that you won’t have to bear any financial loss in the event of a total loss claim and can conveniently replace your car without any financial constraints.

What does my GAP Insurance policy cover me for?

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Return to invoice

If you purchased your car from a dealership within the last 180 days, this policy pays the difference, up to the policy limit, between the total loss settlement made by your motor insurer and either the invoice price or the outstanding finance amount, whichever is greater.

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Contract Hire / Lease

If you have a car on contract hire or lease, Stella Gap Insurance ensures that you won’t have any financial impact or liability if your car is written off. It will cover the difference between the amount paid by your motor insurer and the amount remaining on the contract hire/lease agreement.

To discuss our GAP Insurance, or request a quote, please call us on 0333 996 2499 or request a call back using the form below.

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Valuation / Agreed Value

If you purchased your car privately or over 180 days ago, Stella GAP Insurance will pay the difference between the insurance pay out from your motor insurer and the Glass’s Guide retail value of your car at the time of purchasing your GAP Insurance policy.

To discuss our GAP Insurance, or request a quote, please call us on 0333 996 2499 or request a call back using the form to the right.
(See below)

Frequently asked questions

GAP Insurance is designed to cover the difference between the payout from your motor insurer and the purchase price of your car. Depending on the level of cover, it can also settle outstanding finance, providing comprehensive protection.
If you purchased your car privately or over 180 days ago, Stella GAP Insurance covers the difference between the motor insurer’s payout and the Glass’s Guide retail value at the time of purchasing the GAP policy. This ensures you receive a fair settlement reflecting the true value of your car.
For cars bought from a dealership within the last 180 days, this policy covers the difference, up to the policy limit, between the total loss settlement made by the motor insurer and either the invoice price or the outstanding finance amount, whichever is greater. Return to Invoice ensures you get back the amount you initially paid for your car, protecting your investment.
For contract hire or lease agreements, Stella GAP Insurance ensures you won’t face any financial impact or liability if your car is written off. It covers the difference between the motor insurer’s payout and the remaining amount on the contract hire/lease agreement, allowing you to walk away without any financial burden.
You are covered in the United Kingdom (England, Northern Ireland, Scotland and Wales). Cover is allowed in continental Europe only where permitted under your motor insurance policy.

Easy to read Policy Documents

For further information, please refer to your Insurance Product Information Document.

For full details on what is covered, including the terms, conditions and exclusions, please see the Policy Wording.

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