Most motor insurers only pay out the current market value of your car when an accident or theft occurs that can give rise to a "total loss claim".
This could leave a shortfall of several thousand pounds compared to the value of your car either when you bought it or when you took out our GAP Cover Insurance.
150,000 cars are stolen each year and two thirds of these are taken with their keys, with just under half of the thefts of car keys stolen from the owner’s home during a burglary, and the majority of cars are never recovered (Source LV=car insurance report 2014).
You might be a careful car owner but numerous "total loss claims" are caused by the action of third parties and your comprehensive motor insurance may not cover the full value of your car.
Protect yourself from the risk of financial loss today with GAP Cover Insurance from Warranty Direct!
Telegraph Media is an Introducer Appointed Representative of Warranty Direct Limited. GAP Cover Insurance policies are underwritten by LAMP Insurance Company Limited, whose registered office is Suite 934 Europort, Gibraltar, company number 93562. LAMP Insurance Company Limited is licensed and regulated by the Gibraltar Financial Services Commission under the Financial Services (Insurance Companies) Act.
GAP Cover Insurance policies are administered by Warranty Direct Limited, Quadrant House, 20 Broad Street Mall, Reading, RG1 7QE, company number 3233010. Warranty Direct limited is authorised and regulated by the Financial Conduct Authority.