GAP Insurance

Key features:

  • Vehicles up to the invoice value of £150,000 where you have not agreed the value of your car with the insurer
  • Claim benefits between £5,000 and £50,000 (subject to policy chosen)
  • Policy covers family saloons & multi-purpose vehicles
  • A range of policy options to suit your needs
  • If the vehicle is sold, provided no claim has been made, transfers are permitted to the eligible replacement vehicle, subject to our agreement
  • Limits and exclusions will apply
  • Subject to eligibility criteria, please see tab below for further details
Why choose us?

Ideal for those with brand new or nearly new cars

It's common knowledge that brand new cars, once driven off the forecourt of a dealership usually depreciate rapidly. The amount a car depreciates depends on a number of factors including the make, type of car, mileage covered, its age and condition.

GAP insurance through Wesleyan is to give you peace of mind. It is designed to protect the value of your vehicle and to ensure that you are not left out of pocket if you have an insurance loss by covering any shortfall between your insurance pay out and the amount outstanding on the finance agreement.

The cover includes:

  • Unique Benefit- Hire vehicle supplied for up to 28 days whilst you await the settlement for your standard motor insurance
  • Maximum invoice value up to £150k where you have not agreed the value of your car with the insurer
  • Cover for cars valued over £150,000 on an agreed value basis (agreeing a value with the insurer)
  • Maximum benefit £50,000
  • Contract hire & lease included
  • Transferrable to replacement vehicle
  • 90 Days cover in European Union (subject to main policy cover being unaffected)

What is not covered:

  • Cars over the value of £150,000 without agreed value
  • You will not be paid out more than the short fall
  • The vehicle must have less than 80,000 miles on the clock at purchase

Limits and exclusions do apply. For full terms and conditions of the policy and cover, including the policy benefits and exclusions, will be contained in the Policy Wording and Policy Summary.


To be eligible for GAP Insurance you must:

  • Have purchased a policy within 180 days of taking ownership of a vehicle (from a VAT Registered Dealership or Internet Broker)
  • Net invoice selling price does not exceed £150,000
  • Vehicle must be less than 8 years old and have less than 80,000 miles on the day you take out the policy
  • You vehicle is not specifically excluded under the terms and condition of the policy
Important information

Before you apply for GAP Insurance, we recommend that you read the following document:

Click here to download Adobe Acrobat Reader
Call our team free on 0808 115 1868 Monday to Thursday 9.00am - 8.00pm, Friday 9.00am - 6.00pm Saturday 9.00am - 1.00pm

'WESLEYAN’ is a trading name of the Wesleyan Group of companies.

Wesleyan Assurance Society and Wesleyan Bank Ltd are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Wesleyan Financial Services Ltd, Wesleyan Unit Trust Managers Ltd, Practice Plan Ltd and DPAS Ltd are authorised and regulated by the Financial Conduct Authority.  Advice about investments, insurance and mortgages is provided by Wesleyan Financial Services Ltd.

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