GAP Insurance

While we hope all our customers enjoy their new vehicle with no problems, it is a fact of life that unfortunately accidents do happen.

If your car was written off by your insurers following an accident or theft, you would receive a settlement from them of the vehicle's market value at that time.

However, that may not be sufficient to settle the outstanding finance on the vehicle with the finance company, leaving you needing to find the shortfall.

Guaranteed Asset Protection (GAP) Insurance provides for such an eventuality by insuring you for any shortfall between your insurance settlement and the settlement required by the finance company.

Whilst Livingstone Finance is not itself registered with the Financial Services Authority to advise customers on the suitability of GAP cover, we are happy to refer our customers to an associated company where online quotes and explanations of the policy are available.