Buying a new BMW can be stressful. You can easily spend a lot on a new car – and have to worry about looking after it. You can put a huge amount of effort into looking after your car – both externally and internally. However, this does not always guarantee that your car is actually fully protected. Even if you have fully comprehensive insurance, you might not actually receive the full value of your car back after a write off.

BMW GAP Insurance protects the value of your new BMW, even after a write off. GAP Insurance protects the value that you bought your car for. Insurers might not pay out the full value that you bought your car for after a write off. Instead, they might pay out what they value your car at, at the time of the accident. GAP Insurance fills in the difference between the price you bought your car for, and the amount that your insurers pay out to you after a write off.

For example, you could buy your new BMW for £25,000. After a few years, your insurers might only value your car at £20,000. While you might have looked after your car and kept it in perfect condition, if your car was written off, you would only receive £20,000. With BMW GAP Insurance, you would receive the difference between your insurer pay out, and the amount you bought your car for (in this case £5,000). We would also pay off the difference if you had bought your car on finance.