At Ping Insure, we believe in making things simple. No jargon. No confusion. Just straight-up cover that protects you when it matters most. 

If you’ve just bought a car on finance or you’re driving a newer vehicle, Gap Insurance might not just be useful. It might be essential. But how do you know if it’s right for you? Here are five signs you could benefit from Gap Insurance.

 You’ve Bought Your Car on Finance

 More than 90 percent of new cars in the UK are bought using some form of finance. Whether it’s PCP, HP or lease, you’re likely tied into monthly payments for a few years.

 Here’s the risk. The moment you drive your car off the forecourt, its value drops. If your car is written off or stolen, your motor insurer will only pay you what the car is worth at the time of the claim. That amount is often much less than what you still owe the finance company.

 That gap is exactly what we cover.

 With Ping Insure Gap Insurance, we’ll pay the difference between your motor insurer’s settlement and the greater of either the outstanding finance or the original invoice price of the vehicle. You’re not left out of pocket. You can settle your finance and move on.

 Your Car Loses Value Quickly

 Cars depreciate fast. Some models lose up to 60 percent of their value in the first three years. Even slower-depreciating cars still take a hit the moment they hit the road.

 Imagine your car is stolen or written off after 18 months. Your insurer might offer you £12,000. But you paid £20,000 for it. That’s an £8,000 shortfall.

 With Ping Insure, we cover that gap. Our Return to Invoice (RTI) and Vehicle Replacement Insurance (VRI) products protect your investment, not just the car’s current market value.

 You Want Full Peace of Mind

 Most people assume that standard car insurance will take care of everything. Unfortunately, it won’t.

 If your vehicle is declared a total loss due to an accident or theft, your motor insurance will only pay the current value. That might leave you with a significant financial gap.

 With Ping Insure, you get real peace of mind. We only use the best insurers for each product, so your cover is reliable and rock solid. We’ll even pay up to £1,000 towards your motor excess if your car is written off.

 You can claim as many times as needed, up to a £50,000 limit. And if your vehicle is written off, we’ll cover a temporary replacement vehicle for up to 14 days while you sort out your next steps.

 You Share the Car with Other Drivers

 If your partner or adult children drive the car regularly, you’ll want to know they’re protected too. At Ping Insure, we’ve got you covered.

 Our total loss gap insurance applies to all named drivers over the age of 21 on your policy. No extra fees. No faff. Just the same cover across the board.

 Because it’s not just about who’s driving. It’s about protecting the car and the money tied up in it, no matter who’s behind the wheel.

 You Plan to Keep Your Car for a Few Years

 If you’re keeping your car for three to five years or more, Gap Insurance becomes more valuable with each passing year.

 That’s because the longer you own your car, the bigger the gap between what you paid and what your insurer might offer you if it’s written off. Your financial risk grows over time. So should your protection.

 We make it easy to stay protected. If you change your vehicle, you can transfer your policy to a new one with our RTI and VRI products. That means no starting from scratch, no loss of value, and no hidden catches.

 The Bottom Line

 Gap Insurance is one of those things most drivers don’t think about until it’s too late. But if you tick any of the five boxes above, it’s worth serious consideration.

 At Ping Insure, we make Gap Insurance simple, powerful and flexible. Our policies are built for real life, not just the small print.

 Here’s what you get with Ping Insure Gap Insurance:

• The difference paid between your motor insurer’s settlement and the outstanding finance or invoice price

 Up to £1,000 towards your motor excess 

• Unlimited claims up to £50,000

• Cover for all named drivers over 21 

• Temporary replacement vehicle cover for 14 days 

• Policy transfers available if you change vehicles 

• Only top-tier insurers used across all products 

Protect Your Car. Protect Your Wallet.

Gap Insurance could be the safety net you didn’t know you needed. At Ping Insure, we make sure you’re not left with a financial hole if the worst happens. Get a quote today and find out how we can help you stay one step ahead. Ping Insure Gap Insurance. We’ve got your back.