Range Rover Velar Gap Insurance
Buy 5* Rated Gap Insurance With A 30 Day Money Back Guarantee
Offering a little more space than the Velar with all the usual refinements you’d expect from any model in the Range Rover lineup, the Velar really is in a class of its own. Despite its brilliance and seemingly unique position in the market, the Velar, like most cars, is still susceptible to some serious depreciation.
If you’re unlucky enough to have your Velar declared a total loss, your insurer will pay out the value of the car at the time, not the amount you paid or still owe. With depreciation often creating a 50% loss in value in just three years, that difference could be staggering. What’s more, you’ll be left paying that shortfall.
With specialist Range Rover Velar Gap Insurance from Direct Gap, you can protect yourself against any potential shortfall, safe in the knowledge that we’ll cover any difference between your settlement figure and the amount outstanding, so you don’t have to.
Get a 5* Feefo-Rated Gap Insurance quote online today and join thousands of happy customers driving with total peace of mind.
Why choose Direct Gap to protect your Range Rover Velar?
What is Range Rover Gap Insurance?
Range Rover gap insurance will cover you for the difference between your vehicle's purchase price and the value at the time you make a claim, so you don't have to worry about depreciation. Whether you own one of these British classics or are about to buy one, Gap insurance from Direct Gap is a great way to make sure you don't get a raw deal, with policies available for between 1-5 years.
For further information, check out our detailed guide to gap insurance.
Get a Range Rover Gap Insurance quote today.
How does Range Rover Velar Gap Insurance work?
With an average RRP between £55,000 and £77,000, you could be set to lose up to £38,500 in value in just three years. If your Velar is ‘written off’, your insurer will usually pay the current market value, not the amount outstanding. Could you afford to make up that difference?
With a car being declared a total loss every 90 seconds in the UK, it’s no surprise that a growing number of drivers are choosing to protect themselves with Direct Gap.
Our Range Rover Gap Insurance pays the difference between your settlement figure and the amount you still owe, so you don’t have to. We’re committed to settling in 10 days, with a 4.9/5* Trustpilot Rating, cover for all named drivers and no claim limits on vehicles up to £50K. Is it time you protected yourself (and your Velar) with Direct Gap?
Get a Range Rover Gap Insurance quote today.
Land Rover Gap Insurance Reviews
We’re rated 4.9 out of 5 across Trustpilot, Feefo and Google, based on more than 14,000 reviews.
Additional cover for your Range Rover Velar
It’s not only Range Rover Velar Gap Insurance that we offer. We can also provide protection for specific elements of your pride and joy, such as the bodywork, tyres and wheels.
Range Rover Velar Gap Insurance Calculator
Only £ would be covered by your comprehensive car insurance leaving a gap of £.
Range Rover: FAQs, Statistics & General Information
Range Rover Depreciation
Like most car brands on the market, Range Rovers will lose value over time, typically depreciating between 15-35% in year one, to 50% within three years of ownership (usually, regardless of whether you buy new or used).
Try our free Car Depreciation Calculator for more information on model-specific depreciation and to estimate the value your Range Rover could lose.
Gap Insurance Payout Examples
BMW 320 D
Our BMW gap insurance policy paid out £4,558 to a customer who initially bought their BMW 320D for £20,000. Following a total loss, their motor insurer offered a settlement figure of just £15,442; we covered the difference.
Ford Kuga
Our Ford gap insurance policy paid out £14,565 to a customer who initially bought their Ford Kuga for £36,168. Following a total loss, their motor insurer offered a settlement figure of just £22,053; we covered the difference.
Dacia Sandero Stepaway
Our customer wrote their Dacia Sandero Stepaway off and received a final settlement from their insurer of £15,390. This was much lower than their original purchase price of £18,644, following a 17% depreciation.
We paid the difference of £3,565 thanks to their Gap Insurance policy.
Audi Q2
Our customer bought their Audi Q2 for £30,245, which depreciated at a rate of 13%. When it was written off, their motor insurer paid a final settlement of £26,297.
With an Audi Gap Insurance policy, we covered the difference of £3,823.
What Types Of Gap Insurance Are Suitable For Range Rovers
There are three common types of GAP Insurance available for most cars, including Range Rover. Which is most suitable typically depends on your finance type, car ownership status and individual cover needs.
The main types of Range Rover Gap Insurance we provide are:
- Lease & Contract Hire Gap Insurance: Lease & Contract Hire Gap Insurance pays the difference between your motor insurance settlement figure and the amount outstanding on your lease finance balance. This policy is suitable for lease or 'PCH' cars only.
- Return To Invoice Gap Insurance: Return To Invoice, or 'RTI' as it's also known, pays the difference between your motor insurance settlement figure and the original invoice price of your vehicle.
- Vehicle Replacement: Vehicle Replacement Insurance, or 'VRI' covers the difference between your motor insurance settlement and the cost of replacing your vehicle.