GAPinsure.com 2025 Press Release
GAP insurance is designed to bridge the financial gap between a vehicle’s depreciated market value and the outstanding loan balance in the event of a total loss or theft.
Historically, it’s been sold predominantly through dealerships at high commissions and low pay outs.
After insurers failed to heed the warning of the FCA, the sale of GAP insurance products in the UK were temporarily paused whilst all schemes were reviewed.
A Product and Service Fit for Purpose
GAPinsure.com is one of a handful of providers whom have been given permission by the FCA to provide GAP insurance and currently the only online provider of GAP insurance for motorbikes.
“We are delighted the FCA have recognized and addressed the unfairness in the market, and we are excited to get back online trading fully again. Our aim has always been to be transformational force in the GAP insurance market – offering a reputable, transparent product with a low monthly premium paid by Direct Debit!” – Richard Underwood, Managing Director.
About GAPinsure.com
GAPinsure.com is the first mainstream provider to offer GAP insurance products to the UK market with the unique option to pay in equal monthly payments over the full term of the policy by Direct Debit!
