Valuation GAP Insurance
What is GAP Insurance?
This insurance policy pays you the difference between the value of
you vehicle today and the value of your vehicle at the time it
becomes a total loss through fire, accident, or theft up to three
years later.
Why take out this insurance?
Over half a million vehicles become a total loss each year.
200 vehicles are involoved in serious accidents every day
Car Crime is a third of all crime
A vehicle is stolen every minute of the day, and over a third are
never recovered.
Summary Price List
Any vehicle up to 8 years old can be covered by the
policy:
Vehicles valued up to £10,000 with a claim limit of
£5,000 = total three year premium of £137.80.
Vehicles valued up to £20,000 with a claim limit of
£10,000 = total three year premium of £159.00.
Vehicles valued up to £40,000 with a claim limit of
£25,000 = total three year premium of £185.50.
Vehicles valued up to £75,000 with a claim limit of
£25,000 = total three year premium of £424.00.
Vehicles valued up to £100,00 with a claim limit of
£25,000 = total three year premium of £848.00.
Manufacturer's extras are covered as well as up to £1,500 of
dealer fitted extras.
The following vehicle uses/manufacturers are excluded from
cover:
Vehicles not listed in the Glass's guide, kit cars, invalid
carriages, taxis, self drive, hire and reward, driving schools,
commercial vehicles over 3500kg, vehicles used in any sort of
competitions or rallies. All American, Australian and
Canadian vehicles (unless built for the UK market).
Please see the attached KEY Facts and Policy wording at the bottom
of this page. Should you have any queries regarding this
insurance please call one of the team or email to quotes@grenvillewestinsure.co.uk


