Peugeot Gap Insurance
Buy 5* Rated Gap Insurance With A 30 Day Money Back Guarantee
The famous French company Peugeot started life in 1810, making salt and pepper mills. Peugeot has come a long way since its initial steam-powered car in 1889. From winning the first-ever car race in 1894 to its modern-day success as a beloved maker of incredible vehicles, when you drive a Peugeot, you are driving a piece of history. Whether you cherish your 308 Hatchback or are hoping to own a distinctive 108, don’t forget your comprehensive insurance.
Do you worry about what would happen if your precious Peugeot was damaged in an accident or worse, written off altogether? Even if you’re covered by an excellent insurance policy, some will only pay the market value at that time. The answer to your worries is Peugeot Gap Insurance. You will be able to get back the actual value paid for your car and won’t be left without a vehicle and out of pocket. This is especially useful if you have been paying for your car using a finance option, or leasing your Peugeot.
Thanks to our speedy service and range of quotes, there is an option for every car and every price range. Contact us now to get your quote.
Why choose Direct Gap to protect your Peugeot?
What is Peugeot Gap Insurance?
Peugeot gap insurance from Direct Gap can help prevent any financial loss if an insurer declares your car a total loss. It will cover the difference between your settlement and how much you paid for the vehicle in the first place. And if you’ve entered into a finance agreement, there’s no need to worry – Peugeot finance gap insurance will cover any outstanding payments. This means you can take to the road in total confidence knowing that even if something does happen and your car is written off, you won’t be left counting the cost.
For further information, check out our detailed guide to gap insurance.
Get a Peugeot Gap Insurance quote today.
How does Peugeot Gap Insurance work?
If you buy a Peugeot for £40,000, it will depreciate over the time that you own it. Let’s say that a few years later, your car is stolen or written off – but by this point, its value has dropped to £25,000.
Your motor insurer will pay out in line with that value, which means you’ve lost out by £15,000. With Peugeot gap insurance, you are covered for that difference between its purchase price and its value when it was declared a total loss.
Get a Peugeot Gap Insurance quote today.
Peugeot Gap Insurance Reviews
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Additional cover for your Peugeot
It’s not only Peugeot 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.
Peugeot Gap Insurance Calculator
Only £ would be covered by your comprehensive car insurance leaving a gap of £.
Peugeot: FAQs, Statistics & General Information
Peugeot Depreciation
Like most car brands on the market, Peugeots 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 Peugeot 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 Peugeot
There are three common types of GAP Insurance available for most cars, including Peugeot. Which is most suitable typically depends on your finance type, car ownership status and individual cover needs.
The main types of Peugeot 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.