It’s incredibly simple. We think you’ll find the decision is, too. It covers the difference between the original purchase price and the amount your insurance company will give you if the car is written off as a result of an accident or theft.
GAP is available on new and used Honda vehicles (up to 9 years old). You can be covered for up to 3 years and we can arrange cover in the showroom instantly. Once the claim has been processed, Honda will forward the difference. It’s flexible and convenient. Deferred policies are also available on request.
Terms & Conditions apply. Finance subject to status. Written details available on request
Here's what usually happens.
You buy a new car for, say, £15,000. A year later, it gets written off by the insurance company following an accident or theft. If this happens, you'd be sent a settlement payment for the current market value: call it £10,000. This would mean either finding another £5,000 to buy a similar replacement vehicle , or settling for something not quite as good. And what's worse, with each year that you keep the vehicle the shortfall's is going to increase due to the depreciation.
When you have Honda Gap Insurance…
You buy the same car for £15,000, and if the same incident were to occur - as well as the settlement from the Insurance Company for £10,000 you would also receive a further payment from Honda for the £5,000 too. This means you can replace the car like for like or even select a different model but the same value.
With cover for up to three years, it doesn't matter how much your insurance company pays out: we'll make sure you get what you originally paid (vehicle purchase price excludes dealer fitted accessories).
It's incredibly simple. We think you'll find the decision is, too but it is totally up to you to make your mind up about GAP.
- We pay you the difference between the original purchase price and the amount your insurance company will give you if the car is written off as a result of an accident or theft
- Honda GAP is available on new and used Honda vehicles (up to 8 years old)
- You can be covered for up to 3 years
- We’ll pay the insurance shortfall up to £5,000 for vehicles which have a maximum purchase price of £12,000. If your vehicle is over £12,000 we’ll pay the insurance shortfall up to £15,000
- We can arrange cover in the showroom -although we are covered by the FCA and a 4 Day opt in will apply - our paperwork covers all this in the showroom.
- Once the claim's been processed, we will send you settlement for the difference
- It's flexible and convenient - You can pay for it in one go or over 10 months by direct debit