Suzuki Gap Insurance
Buy 5* Rated Gap Insurance With A 30 Day Money Back Guarantee
Company founder Michio Suzuki first invented a loom for his mother before going on to conquer the car world and that level of ingenuity has followed this Japanese giant through to the present day. With a diverse range of cars and motorcycles, there is something for every taste. Do you love the small Swift or are you a fan of the Vitara compact crossover? Whichever vehicle suits you, you will want to protect your investment with the very best insurance.
Did you know that if your car is stolen or written off, you could lose out financially as well? Most insurers will calculate your settlement figure based on your car’s current market value – not what you paid initially. And that could be a grim fate indeed if you are stuck paying off finance or repaying a lease. Don’t let that be you – take out Guaranteed Asset Protection (GAP) insurance to make sure you’re comprehensively covered.
Let’s say, for example, that you bought a new Vitara for £20,000 and owned it for a few years before it was written off in an accident. Now let’s say that by this point its value has depreciated to £12,000. Your insurers will offer a settlement in line with that figure, leaving you £8,000 down. But with Suzuki gap insurance, you’ll be covered for that difference and won’t be left out of pocket.
Why choose Direct Gap to protect your Suzuki?
What is Suzuki Gap Insurance?
Suzuki gap insurance makes up the difference between the original purchase price and the market value at the time that your vehicle is written off, so your investment is safe and sound. It offers priceless peace of mind every time you get behind the wheel, knowing that even if the worst does happen you’ll be protected from a financial point of view.
For further information, check out our detailed guide to gap insurance.
Get a Suzuki Gap Insurance quote today.
How does Suzuki Gap Insurance work?
If you buy a Suzuki 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 Suzuki gap insurance, you are covered for that difference between its purchase price and its value when it was declared a total loss.
Get a Suzuki Gap Insurance quote today.
Suzuki Gap Insurance Reviews
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Additional cover for your Suzuki
It’s not only Suzuki 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.
Suzuki Gap Insurance Calculator
Only £ would be covered by your comprehensive car insurance leaving a gap of £.
Suzuki: FAQs, Statistics & General Information
Suzuki Depreciation
Like most car brands on the market, Suzukis 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 Suzuki 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 Suzuki
There are three common types of GAP Insurance available for most cars, including Suzuki. Which is most suitable typically depends on your finance type, car ownership status and individual cover needs.
The main types of Suzuki 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.