Which? uses cookies to improve our sites and by continuing you agree to our cookies policy.

Gap insurance

Vehicle-replacement Gap review

By Simon Miller

Article 4 of 5

Put us to the test

Our Test Labs compare features and prices on a range of products. Try Which? to unlock our reviews. You'll instantly be able to compare our test scores, so you can make sure you don't get stuck with a Don't Buy.

Vehicle-replacement Gap review

Find out how vehicle-replacement Gap can help with the cost of replacing your car, and how much it costs.

 Rather than helping you reach the amount you paid for your car, vehicle-replacement Gap bridges the difference between the amount you get form your car insurer and the cost of a new vehicle.

For example, if you bought a Honda Jazz for £15,095, but a year later had an accident and received only £10,000 from your car insurer AND the car had gone up in price to £20,000, your vehicle-replacement Gap insurance would cover the difference, minus your excess.

Many providers also offer finance Gap - which covers any loans you took out to pay for the car - as part of this product.

Vehicle-replacement Gap insurance review

The table below shows the cost of vehicle-replacement Gap insurance for three different cars bought brand new, and the features of the different third-party Gap insurance policies. These include:

  • Excess - how much your Gap insurance policy will pay towards your car insurance excess
  • Maximum level of cover - how much cover you can take out
  • Cover availability - how long you can take out the Gap insurance for
  • Age of vehicle - the age limit of the vehicle that each Gap insurer will cover
  • Maximum value of vehicle that each Gap insurer will cover
  • Finance - whether the Gap will cover your outstanding payments for your car if you bought it on finance

The premiums quoted are for a brand new car, for three years of cover. All quotes were updated in October 2017.

How much does vehicle-replacement Gap insurance cost?
  COST OF GAP INSURANCE FOR 3 YEARS COVER DETAILS
  Fiat Punto
£9,537
Honda Jazz
£13,258
Audi Q3 TDI
£25,116
Amount towards your excess Maximum level cover Cover available for
(years)
Maximum age of vehicle
(years)
Maximum value of vehicle Covers finance on cara
THIRD-PARTY INSURERS
ala.co.uk £126 £173 £226 £250 £50,000 1 to 5 10 £125,000 Yes
car2cover.co.uk £119 £161 £209 £250 No limitb 1 to 5 10 £125,000 Yes
click4gap.co.uk £169 £187 £243 £0 £25,000 1 to 3 Up to 3 months at inception £50,000 Yes
directgap.co.uk £119 £149 £199 £250 No limitc 1 to 5 ns £75,000 Yes
gapinsurance.co.uk £126.17 £126.17 £178.58 £250 £100,000 1 to 5 10 £150,000 Yes
autoebid.com £128.17f £137.76g £161.07h £250 £20,000 1 to 3 8 £50,000 Yes
shortfall.co.uk £97.12 £97.89 £164.14 £750 £50,000 1 to 4 nsi £150,000e Yes
Totallossgap.co.uk j £89.99 £99.99 £156.42 £250 ns 2 to 5 8 £75,000 Yes
WarrantyDirect.co.uk £163.84 £163.84 £163.84 £500 £50,000 1 to 4 Under 3 months £125,000 Yesk
Table notes:
a Outstanding finance payments for the current car - not negative equity from finance on a previous car.
b No claim limits for vehicles costing up to £75,000, wide choice of claim limits available for vehicles costing £75,001 – £125,000.
c No claim limits for vehicles costing up to £50,000, claim limit of £30,000 for vehicles with an invoice price over this amount.
d For vehicles with an invoice price of more than £75,000 easygap have access to policies up to £150,000 and claim limits up to £50,000.
e Cover for more expensive cars can be arranged by phone
f Only available with a £5,000 claim limit
g Only available with a £10,000 claim limit
h Only available with a £15,000 claim limit
i Vehicle must have driven less than 80,000 miles
j Only offers "Total Loss Gap Insurance"
k Will cover PCP and Hire Purchase, does not cover Lease Purchase
SHARE THIS PAGE

Which? Limited (registered in England and Wales number 00677665) is an Introducer Appointed Representative of Which? Financial Services Limited (registered in England and Wales number 07239342). Which? Financial Services Limited is authorised and regulated by the Financial Conduct Authority (FRN 527029). Which? Mortgage Advisers and Which? Money Compare are trading names of Which? Financial Services Limited. Registered office: 2 Marylebone Road, London NW1 4DF.