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Don’t Let a Total Loss Be a Total Disaster!
GAP Insurance
Why choose our GAP Cover for your car?
- Policies activate immediately for instant protection
- Affordable premiums with no hidden fees
- Fast, hassle-free claims process
- Covers new, used, or financed vehicles
- Trusted UK provider with expert customer support
- Transparent pricing and clear policy terms
What is GAP Insurance, why do I need it, and why is it so important?
GAP Insurance, also known as Guaranteed Asset Protection, is a product that helps pay off your car finance if your car is declared a write-off. If you owe more than what your car is worth at the time, you could be left out of pocket. Therefore, GAP Insurance does what it says on the tin, and that is to help pay the gap between the car’s value and what you owe.
Why Dynamo
Cover that works the way you do
GAP Cover For New & Used Cars
Although GAP insurance is primarily designed for new cars due to the rate at which they depreciate, our policy will also provide GAP cover for used cars. Therefore, if you have an expensive used car that’s only a few years old, Dynamo can help cover the “gap”.
Do I Need GAP Insurance?
Although GAP insurance isn’t a legal requirement, it provides peace of mind that you are covered to your car’s true value if it’s written off or stolen. Therefore, if you want the peace of mind GAP insurance provides, we would say that it’s a worthwhile insurance product.
GAP Insurance Cover to the Rescue!
Whether you have an outstanding finance or return to invoice policy with Dynamo, we cover cars up to £80,000 in value and provide a range of additional benefits such as personal injury and even excess cover for further peace of mind.
Battling Your Car’s Depreciation With GAP Cover
Depreciation of a new car is unavoidable in the majority of cases, and without a GAP insurance policy in place (such as return to the invoice), you’ll be set to lose the money it has depreciated in the case of a total loss.
Don’t Be Left Out of Pocket!
No one wants to be in a position where their car has been written off or stolen. However, if you aren’t covered with GAP insurance, it only gets worse because you may be left out of pocket when you receive your insurer’s payout.
Better Safe Than Sorry
Imagine how stressful it would be if you didn’t have GAP Insurance. It’s always better to be safe than sorry, and at Dynamo Cover, our GAP insurance policies are tailored to you, and we won’t be beaten on price!
How it works
How Our GAP Insurance Works
01
Your insurer pays out
After a total loss (due to accident, theft, or fire), your motor insurer settles the current market value of your vehicle.
02
GAP insurance bridges the gap
Dynamo Cover’s GAP Insurance steps in to cover the difference between the motor insurer’s payout and the original invoice price or outstanding finance.
03
You’re fully covered
The combined payout ensures you can clear your remaining finance or put the full value of your car towards a replacement.
The Dynamo way
GAP Insurance, minus the annoying parts.
With Dynamo
- Covers the write-off shortfall
- Cancel your next month from the portal with no fee*
- Change your details for the next month with no fee*
- Manage everything 24/7 in your portal
- Choose when to start, up to 30 days ahead
The old way
- A separate bill for every policy
- Locked in for twelve months
- Admin fees for the smallest change
- Phone queues and office hours
- Paperwork before anything begins
One monthly payment
Add another product and the bill just updates.
Everything you hold with us is collected together, once a month, on the same date. Tick anything below to see what your bill would look like.
✓Cancel any product at any time. The next bill simply drops by that amount.
Get my instant quote →Prices shown are illustrative. Your price depends on the details you give us at quote.
As well as paying any outstanding amount due to a lender or even paying you back the invoice price of the vehicle, our product also includes “Excess Protect”. This part of our GAP insurance policy contributes to the excess you have to pay your motor insurer.
Whilst GAP insurance is not a legal requirement, it provides assurance that should your vehicle be involved in an accident or stolen, you are not left out of pocket or owing the finance company money for an asset you no longer have.
You can obtain GAP insurance for any vehicle, no matter how you have paid. However, there are various different types of GAP insurance products, so you will need to check which one is right for you. For example, ‘Outstanding Finance GAP’ would not be applicable if you bought the vehicle outright, as there is no finance in place.
GAP Insurance prices are based on the value of the vehicle and the type of cover purchased. You can get a quote for GAP insurance directly with Dynamo Cover, and you’ll receive a price within 30 seconds.
Not during the course of the policy, but the vehicle must be 8 years old or younger at the time of inception and have covered less than 80,000 miles.
Other cover
Types of GAP Insurance Policies We Offer:
Return To Invoice (RTI)
For cars purchased new or used within the last 6 months, RTI GAP Insurance ensures you’re fully protected. It bridges the gap…
Find out moreReturn To Value (RTV)
For new and used cars purchased more than 6 months ago, including those bought privately, RTV GAP Insurance ensures you’re financially protected.…
Find out moreContract Hire & Lease
For new or used cars obtained through a lease or contract hire agreement, this specialised GAP Insurance provides complete financial protection. It…
Find out moreGet covered in about a minute
No phone call, no paperwork, no twelve month commitment.
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