Guaranteed Asset Protection
Every vehicle depreciates from the moment you drive it away. GAP insurance offsets that depreciation — if your car is written off or stolen, it covers the difference between the insurance payout and your finance balance, so you walk away clean.
See Your GAP Exposure
Every financed vehicle has a depreciation gap — the difference between what your car is worth and what you still owe. See exactly how GAP insurance protects you.
* Financed vehicles include on-road costs, registration, insurance, repayable interest, and other loan costs — the total amount owed is typically higher than the vehicle price alone. The insurer's market valuation is typically lower than what you paid — insurers assess at private-sale rates, not dealer retail, and exclude on-road costs you've already paid.
GAP covers the shortfall if your car is a total loss
Depreciation cover + $5,000 Customer Care Package
Deposit, insurance, rental, excess & more — for the full policy term
GAP Cover Pricing
Through our partner Janssen Insurance, GAP cover starts from just $295.
Each policy includes $5,000 main benefit plus $5,000 Customer Care Package.
GAP vs No GAP
Without GAP
- Car written off — insurer pays market value*$23,000
- You still owe the finance company$28,750
- You're $5,750 out of pocket — and you have no car
- You need a deposit for a new car
- You need to arrange new insurance
With GAP(from $295/year)
- Car written off — insurer pays market value ($23,000)
- GAP covers the full $5,750 shortfall to your finance company
- Customer Care covers deposit for your replacement vehicle
- Customer Care covers comprehensive insurance for your new car
- Customer Care covers on-road costs, excess, and rental while you sort a replacement
GAP shortfall cover + Customer Care Package
* Insurance market value reflects private-sale pricing and may be lower than the original purchase price. Finance balances include on-road costs, fees, and accrued interest. Example is indicative only — actual figures depend on your vehicle, loan terms, and insurer assessment.
Compare GAP Cover
We work with two leading NZ vehicle insurance providers. Both include additional benefits on top of the core GAP cover — here's how they compare.
Janssen Insurance
$5,000 main benefit + $5,000 Customer Care Package
From $295/year
Autosure
GAP shortfall cover + replacement vehicle benefits
2,950+ reviews — contact us for pricing
Not sure which is right for you? Our team can recommend the best option based on your vehicle and finance terms.
Frequently Asked Questions
Protect Your Investment
Add GAP cover to your next vehicle purchase — or ask us about adding it to your existing finance.