GAPinsurance.co.uk: Changes to eligibility criteria

Please be aware that if you're considering GAP insurance, the eligibility criteria for our policies is changing effective from midnight tomorrow night (Monday January 21st 2019).

From Tuesday onwards (no exceptions), the following rules will apply:

 

 

• Invoice & Replacement GAP insurance will only be available for a vehicle purchased within the last 90 days (currently 365 days)
• Contract Hire GAP insurance will only be available for a vehicle that you took delivery of within the last 180 days (currently 365 days)
• Replacement GAP insurance will only be available for a vehicle that you purchased brand new and are the first registered keeper of (currently available to cover a new/used vehicle up to 5 years old)
• The maximum policy duration for Invoice & Replacement GAP insurance will be four years (currently five years)

In addition, as of Friday last week, it's now no longer possible to defer the start date of a GAP insurance policy - something that you may have considered for a brand new vehicle if the motor insurer provided new-for-old cover during the first year of ownership.

Finally, also from Tuesday onwards, a range of vehicles will be excluded from cover.  You can see the list of these vehicles here.

All the above considered, if you're contemplating GAP insurance and will be affected by any of the above, contact us.

HTH

GAPinsurance.co.uk