GAP insurance For Driving Instructors

Driving instructor GAP insurance covers the financial gap between the amount your insurance provider pays out if the car you use for business is written off or declared a total loss and the amount you paid for it, or the early settlement amount on a finance agreement.

Finance and contract hire GAP insurance is designed to cover the difference between the payout your insurance provider is willing to offer and your outstanding finance settlement, should you have purchased your vehicle on finance.

Combined return to invoice (RTI) GAP insurance addresses the discrepancy between your insurance provider’s payout and the original invoice price of your vehicle. Should your car have been purchased on finance, this coverage also extends to the difference between your insurance provider’s payout and any outstanding finance settlement.

If you've ever had the misfortune to have a vehicle declared a total loss, you'll know all too well that insurance companies seldom cover the entire value of the vehicle or the total outstanding payments on a car loan when it’s written off.

In the absence of GAP insurance, you could find yourself continuing to make finance payments on a car that you can no longer use. Alternatively, you may face a financial shortfall when acquiring a new vehicle if the compensation you receive is significantly less than the vehicle's value at the time of purchase.

Such a policy can be invaluable for any driver, but it holds particular significance for driving instructors. For you, the vehicle is more than just a means of transport; it's the foundation of your livelihood.

Driving Instructor GAP insurance ensures you are not left with the lesser current market value of your vehicle, providing you with a more substantial sum to help you quickly get back on the road.

• Any sums due under a finance agreement related to overdue payments, options installed by the dealer, insurance or warranty products, and any interest accrued on these items, or any sums not directly tied to the market value of the vehicle at the point of its purchase, are excluded.
• The policy does not cover theft of your vehicle when it was left unoccupied (meaning no one was inside it) and was either left unlocked, with the windows or roof open, or with the keys inside or on it.
• The policy does not cover instances where your claim under a vehicle insurance policy is rejected, and you have not received the vehicle insurance settlement.
• Coverage is excluded for losses occurring when the vehicle, with your permission, is operated by an individual lacking a valid driving license or contravening the terms of their driving license.

The policy will not pay out for a total loss of the vehicle if:

• Your vehicle is an emergency or military vehicle.
• Your vehicle is not a UK specification vehicle or was not primarily built for sale in the UK.
• You vehicle is classified as a grey import, kit car, bus, coach, commercial vehicle weighing more than 3.5 tonnes, truck, heavy goods vehicle, or static caravan.
• The vehicle is employed for road racing, rallying, pace-making, speed testing, or any other form of competitive event.
• The vehicle has been modified in ways not approved by the manufacturer's specifications.
• Your vehicle is taken by any individual who has access to the vehicle’s keys.

Other exclusions apply, see terms and conditions for full details.

You’re covered for up to 90 days in a 12-month policy period when driving outside of the UK, Channel Islands or Isle of Man.

However, make sure to check your policy wording for any specific exclusions.

Your cover starts on the policy start date found in your Policy Schedule.

The end date of your policy will be determined by the length of cover you have chosen and could continue for a period of 12, 24, 36, or 48 months.