Wilsons RAC GAP Insurance

Cover the largest financial risk to your vehicle

Did you know that if your vehicle is stolen or written off you may only receive the market value of your vehicle as determined by your motor insurer?

RAC's Return to Invoice and Financial Shortfall GAP Insurance can help to protect you against this difference and comes with complimentary 12 months RAC Breakdown Cover which includes Roadside and Recovery and up to 60 months RAC Accident Care*

Gap Insurance Could:

  • Pay the difference between your insurance payout and the original purchase price
  • Pay the difference between your insurance payout and your finance settlement, if this is greater than the purchase price
  • Provide 3 years Return to Invoice cover and up to 5 years Financial Shortfall cover
  • Pay up to £300 insurance excess
  • Safeguard against depreciation in the event of a total loss claim

Features and Benefits

In the event that the insured vehicle is declared as a total loss by your motor insurer as a result of accidental or malicious damage, fire, theft or flood damage, for example, the policy will pay the following:

  • Where you have leased the insured vehicle under a contract hire/lease agreement and the contract hire/lease settlement figure exceeds the comprehensive motor insurance settlement, we will pay the difference between the contract hire/lease settlement figure and the comprehensive motor insurance settlement. Financial Shortfall is available for up to a maximum of 60 months from the policy start date.
  • Where the vehicle has been purchased under a finance agreement we will pay the greater of:
    • The amount by which the purchase price exceeds the comprehensive motor insurance settlement. Return to Invoice is available for up to a maximum of 36 months from the policy start date
    • The amount by which the finance agreement settlement figure (including credit agreement fees) exceeds the comprehensive motor insurance settlement - please note that the benefit will include negative equity (if any) up to £2,500, provided it was secured against the part exchanged vehicle and the finance agreement was in your name. Financial shortfall is available for up to a maximum of 60 months from the policy start date
  • Where the vehicle has been purchased outright using your own funds, the amount by which the purchase price exceeds the comprehensive motor insurance settlement. Return to Invoice is available for up to a maximum of 36 months from the policy start date.

RAC Accident Care

For up to 60 months, RAC will:

  • Rescue your vehicle if you are involved in a road traffic accident in the UK. Wherever possible, we will recover the cost from the insurer, so you're not out of pocket
  • Send urgent messages to family and friends
  • Recover your uninsured losses if you're not a fault for the accident from the third party's insurer
  • Provide access to our personal injury lawyers to help you get compensation
  • Offer 24/7 legal advice to help you through the situation

RAC Breakdown Cover

Single vehicle-based 12 month breakdown cover in the UK, which includes:

Roadside​

​24/7 breakdown cover. RAC will fix your vehicle at the roadside, as long as you are over a quarter of a mile from home. A 10 mile tow to a destination of your choice, local garage or a place of safety is included if your car cannot be fixed at the roadside.

Recovery

We'll take you, up to 7 passengers and your car to your chosen destination anywhere in mainland UK.

Wilsons Finance Options

*To activate the additional RAC Breakdown cover and Accident Care complimentary benefits you will need to contact the RAC and agree to their terms and conditions.