Toyota Yaris Gap Insurance

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Now one of the mainstays on British roads, the Toyota Yaris has evolved from a compact, fun 'run around' into a much more serious offering, delivering practicality, space and comfort, whilst still maintaning it's massive entertainment and joy factors. Unfortunately, Yaris drivers like you could still be at risk of depreciation and negative equity.

If the worst happens and your car is written off, you’ll be paid out the current market value of your Yaris, not what you paid, or still owe. That difference is down to you to make up, which, in many cases, could be thousands of pounds.

Tailored Toyota Yaris Gap Insurance from Direct Gap protects you against any shortfall, paying the difference between your insurance settlement figure and the amount you have 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.

Toyota Yaris Front

Why choose Direct Gap to protect your Toyota?

A-rated UK Underwriters
Covers new and used vehicles
Unlimited claim limits on vehicles up to £50,000
Covers insurance excess up to £1,000
Cover for all named drivers on your policy
No mileage restrictions
Deferred start date option for new vehicle purchases
Free policy amendments for registrations and addresses

What is Toyota Gap Insurance?

Following a write-off, Toyota gap insurance covers any difference between your motor insurance settlement figure and the amount you paid for your vehicle, or any outstanding finance, depending on the policy you choose. Typically, the 'current market value' (the amount your insurer pays) is much lower than the vehicle's purchase or finance price, due to depreciation.

For further information, check out our detailed guide to gap insurance.

Get a Toyota Gap Insurance quote today.

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Toyota Yaris Rear
Toyota Yaris Driving

How does Toyota Gap Insurance work?

Despite its greatness, the Yaris, like most cars, will lose around 50% of its value in just three years (regardless of whether you buy new or used). With new, on-the-road prices reaching £46,000, that could mean a massive £23,000 shortfall. If you're unlucky enough to have your car written off, could you afford to make up that difference? Gap insurance covers it, so you don't have to.

With a car being declared a total loss every 90 seconds in the UK, it’s no surprise that thousands of drivers are choosing to protect themselves with Direct Gap.

Our tailored Toyota Gap Insurance pays the difference between your insurer’s final settlement figure and the amount you still owe, with a commitment to settle your claim within 10 days, protecting all named drivers with no claim limits on vehicles up to £50K. Is it time you protect yourself with Direct Gap?

Get a Toyota Gap Insurance quote today.

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Toyota Gap Insurance Calculator

Length of ownership (years)
Vehicle value at risk without GAP insurance
Vehicle value covered by comprehensive insurance

Only £ would be covered by your comprehensive car insurance leaving a gap of £.

Toyota: FAQs, Statistics & General Information

Toyota Depreciation

Like most car brands on the market, Toyotas 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 Toyota 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 Toyota

There are three common types of GAP Insurance available for most cars, including Toyota. Which is most suitable typically depends on your finance type, car ownership status and individual cover needs.

The main types of Toyota 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.
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