Anyone who has finance on their vehicle should consider Gap Insurance. What is Gap Insurance?
GAP Insurance or Motor Equity Insurance covers the shortfall in the event that your vehicle is written off or stolen and your Comprehensive Motor Vehicle Insurance is not sufficient to pay out the finance owing on the loan.
No one wants to owe money on something they no longer own. Gap Insurance is a great way to protect yourself from being in the red.
With a policy through CoverU’s providers you can even include extras benefit which covers you for items inside the car or those not covered by your comprehensive policy.