What is Top Up Fleet Gap?

If a vehicle from your fleet is stolen or written off it is likely that your motor insurer will only pay the current market value for your vehicle. The amount could be less than what is needed for you to purchase a similar vehicle or cover for the outstanding amount on the finance lease agreement.

‘Top up’ Fleet GAP will pay the difference between the motor insurer’s settlement figure and the outstanding amount owed to the finance/lease company. Or 25% of the motor insurer’s total loss settlement figure*

Pricing starts from as little as £55 per vehicle!

Whichever calculation is greater!

Key Features of our Top Up Gap Insurance

• Available to fleets of 5 or more vehicles
• Vehicles up to 10 years old at inception
• Available for cars and commercials up to 44 ton GVW
• Covers vehicles on Lease/ Contract Hire, Finance and owned outright
• Vehicles must be insured comprehensively

EXAMPLE: After a total loss, the insurance pays out £26,500, however the termination charge from the Leasing company is £27,600. Leaving a financial shortfall of £1,100. We pay the greater of the outstanding finance/lease or 25% of the motor insurers settlement.

In this instance, we pay: £6,625 (25% of settlement amount)

Get in touch today for a GAP insurance quotation call us on 01782 607709

For more information download our brochure Top Up Fleet GAP 

*The policy will provide cover for 12 months and is annually renewable. The maximum the policy will pay in the event of a claim is 25% of the motor insurer’s settlement figure up to a maximum of £10,000 for Cars & Lights Vans (Up to 3.5ST GVW), £15,000 for Vans 3.ST GVW – 7.ST GVW, £20,000 for HGV’s 7.ST GVW – 44T GVW.

What to expect from JSW Insurance

  • We will try and save money on your premium
  • Support & help if you need to make a claim
  • Save time as we ‘shop the market’ for you
  • Quick & reliable responses to any queries
  • Expert advice on hand
  • Highly experienced team