Reasons You’ll Want to Take Out GAP Insurance on Your New Audi

Audi is one of the most prestigious names in the auto industry. Renowned for its range of impressive, high-performance models, the manufacturer has released some pretty awesome vehicles in its time. If you’re lucky enough to own one of these luxurious models, it’s no doubt your pride and joy.

The only real disadvantage of owning an expensive, luxury Audi is the cost you would need to pay out if anything went wrong. The good news is, protection is available and it comes in the form of GAP insurance. Below, you’ll discover why you’ll want to consider taking out GAP insurance on your Audi vehicle.

Helping you to replace the car if anything happens

Did you know the average insurance policy won’t typically cover all of the costs associated with replacing your Audi if it’s stolen or written off? In fact, you could find yourself quite a few thousand pounds short after your insurer coughs up. That’s where GAP insurance really comes in useful.

It’s designed primarily to pay the difference between what the insurer will pay out and the price you actually paid for the car. For example, say you paid £30,000 for your Audi, but the insurer will only pay out £15,000. That would leave you with a £15,000 shortfall you’d need to cover if you wanted to replace the car. GAP insurance will cover that additional £15,000, ensuring you can get back on the road as quickly as possible.

Helping you to pay off the finance

If like thousands of other motorists, you’ve bought your Audi on a finance deal, GAP insurance can help ensure you can pay off the finance if the car is written off or stolen. Even though you technically haven’t got the car anymore, the finance company will still expect you to pay up.

Finance GAP insurance will provide you with the money to pay off the finance deal, but it won’t provide you with enough to actually buy a replacement vehicle. Both types of GAP insurance can prove invaluable, but it is worth considering which one would be most useful to you if the worst were to happen.

Overall, if you own an Audi, GAP insurance can be considered an essential piece of protection. So, if you haven’t considered taking out this type of insurance, now is definitely the time to do so.

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