Agreed Value GAP
This insurance will pay the difference, between the amount the motor insurer pays on the motor insurance policy and the agreed value of the motor vehicle following a total loss. "Agreed value" means the value of the motor vehicle based on a maximum of Glass's Guide Retail adjusted for mileage, condition, inflation and other market forces, at the cover start date, including factory fitted accessories (but excluding any accessories fitted by a motor dealer or self ). No purchase invoice required.
Selling opportunities: Ideal for dealers whose customers have additional vehicles not covered by GAP Insurance. Insurance Brokers looking to sell to existing customers or when renewing their annual Insurance.