Protect your investment with GAP insurance that covers the difference between value and settlement.
If your car is written off or stolen, GAP insurance bridges the financial gap between your insurer’s payout and what you paid.
Universal Purchase Price & Finance GAP
This annually renewable option suits customers who’ve bought their vehicle outright or via dealership finance within the last 180 days. If your car is under four years old and declared a total loss, the policy covers the difference between the purchase price and the insurer’s valuation (or the finance balance, if greater).
Once the car exceeds four years, the policy converts to Top Up GAP, boosting your insurer’s payout by 25% or covering the remaining finance, whichever is higher.
GAP insurance options
Caulfield Insurance offers a range of GAP insurance options to protect against financial shortfalls if your car is written off. Combined Finance & Purchase Price Protection GAP covers the difference between your motor insurer’s payout and either the original purchase price or the remaining finance balance—whichever is greater.
Return to Invoice GAP bridges the gap between your insurer’s settlement and the vehicle’s original invoice value, offering up to three years of cover. For added flexibility, Top Up GAP provides an additional 25% on top of your insurer’s valuation and includes a transferable, annually renewable policy.
The benefits of our GAP insurance policies
✓ Covers New and Used Vehicles: Whether your car is brand new or second-hand, GAP insurance helps bridge the financial shortfall.
✓ Includes Policy Excess: Receive up to £750 toward your motor insurance excess in the event of a total loss claim.
✓ Temporary Replacement Vehicle: Stay mobile with access to a temporary replacement vehicle while your claim is being processed.
✓ Fair and Transparent Valuation: Total loss settlements may be adjusted based on contributory negligence, vehicle condition, or recoverable VAT.
✓ Policy Transfer Available: Your GAP insurance may be transferred to another vehicle, subject to acceptance.
✓ Eligibility Criteria Apply: Cover is subject to meeting policy terms—call us for full details and guidance.
Enhance your cover with tailored extras
Our breakdown and legal assistance policy dovetails with your car insurance to provide you with valuable benefits in the event of a breakdown or accident.
Breakdown Cover
✓ Home start assistance
✓ Roadside assistance
✓ Loss of keys
✓ Punctures
✓ Petrol shortages or mis-fuelling
✓ Mainland European Emergency Cover up to £250
✓ Additional Rescue Cover up to £175
Legal Assistance
✓ 24/7 Claimsline
✓ Replacement vehicle
✓ Recovery of uninsured losses
✓ Recovery of excess
✓ Assistance with personal injury claims
With optional Key Care, avoid the cost and hassle of lost keys. Get up to £1,500 cover, including lock replacement if needed.
What is insured?
✓ Locksmith charges, new locks (if a security risk has arisen) and/or replacement keys.
✓ Onward transport costs including car hire.
✓ Reprogramming of immobilisers, infra-red
handsets and alarms.
Where am I covered?
✓ England, Scotland, Wales, Northern Ireland, the Isle of Man, the Channel Islands and Republic of Ireland.
What is not insured?
✘ Any keys other than your house/vehicle keys.
✘ Wear and tear and general maintenance to keys and locks.
✘ Any hire vehicle that exceeds 1600cc.
✘ Any loss of earnings or profits which you suffer as a result of the loss or theft of, or damage to an insured key.
✘ Any claim where you do not provide receipts or invoices for payments you have made.
With Excess Protect, you choose an annual limit to insure. If you make a claim under your car insurance that exceeds the excess, you can claim this back using your excess protect policy, up to the annual limit.
What is included?
Accidents are unexpected, so it can be a financial burden if you have to pay an excess in the event of a
claim. Depending on your risk factors, your excess may be higher than usual.
✓ Multiple claims can be made per policy term up to the total level of cover.
✓ Amount of claim under the Excess Insurance policy must not exceed the value of the total excess of
the main policy.
✓ Claims must be reported within 31 days of the settlement of the claim to which the policy relates.
✓ Windscreen excesses are excluded for all motor policies.
