In the event of your Car/Light Van being written off, if your Motor Insurance payout is not enough to settle the remaining balance on the Contract Hire / Lease Agreement, Commercial Contract Hire GAP Insurance will pay the difference between your Motor Insurance Payout and the amount required to settle the remaining balance of the Contract Hire / Lease Agreement.

Commercial Contract Hire GAP Insurance is available to cover New or Used (up to 3 years old) Car/Light Vans with a value of up to £100,000.00 and must be taken out no later than 90 days after you took delivery of the vehicle.

Are you eligible for Commercial Contract Hire GAP Insurance?

How much does Commercial Contract Hire GAP Insurance cost?

Click "Get a quote " to the right to find out.

Lets say you finance a vehicle by way of a Contract Hire / Lease Agreement for £19,995, but two years later, the vehicle is written off and your Motor Insurance company offer you only £10,000.00, whilst the settlement figure on the Contract Hire/Lease Agreement is £13,000.

If this happened, Commercial Contract Hire GAP Insurance would pay the £3,000 difference between your Motor Insurance payout (£10,000) and the amount required to settle the Contract Hire / Lease Agreement (£13,000).

(* - Subject to the overall policy claims limit that you select when you take the policy out)