Gap Insurance from Whitewater
Whitewater can offer gap insurance on any car or commercial (up to 3.5cwt) for up to 60 months to both personal and business drivers.
Gap Insurance Key Benefits
- Cover available for vehicles up to 6 years old
- Covers cars valued at up to £75,000
- Cover available for up to 5 years in line with finance agreement
- Covers write off's from Fire, Theft and Accidents
Choose from 'Finance Gap' or 'Return to Invoice Gap':
What is Finance Gap?
Finance GAP is designed to help you manage the financial impact of having your vehicle “written off”.
In the event that your road risk insurer declares your vehicle a “total loss” due to either accident or theft, there is a likelihood that the amount they will pay to you in settlement of your claim will be less than the outstanding amount you owe to the finance company.
Finance GAP would pay out either up to £5,000 or up to £10,000 (depending on which cover you initially chose) to cover the difference between the market value of your vehicle your insurer is likely to pay and the settlement/termination figure on your finance agreement.
Who would benefit from a Gap Finance policy?
Finance GAP is available to any individual or business on ALL finance agreements (excludes Cash Purchase).
What is Return to Invoice Gap?
RTi GAP Insurance is designed to cover the difference between the market value of a given vehicle and the original price that was paid for it.
In addition to this, the policy also includes a Finance GAP element to it. So, should the value of outstanding finance on the vehicle be greater than the original invoice price of the vehicle then this will be paid instead.
Who would benefit from a RTi Gap Policy?
Any customer financing a vehicle with the option to gain ownership of the vehicle either through a Hire Purchase, Lease Purchase, Personal Contract Purchase PCP agreement. This is also available on Cash Purchases.
If you would like a quotation or would like any further information on either of these products please speak to one of our sales team on 01233 502104.







