Car Insurance

Ensurance

Extended Warranty

Gap Insurance

Our Gap Insurance (also known as ‘Guaranteed Asset Protection’) helps to bridge the payment gap between the settlement amount from your motor insurer and the original purchase price of your car, or the outstanding finance.

So if your car is written off, or stolen and not recovered, having ŠKODA Gap Insurance helps to alleviate the additional worry of finding the money to purchase a replacement ŠKODA.

THERE ARE 4 TYPES OF GAP INSURANCE TO CHOOSE FROM.
YOUR LOCAL ŠKODA RETAILER CAN HELP TO WORK OUT WHICH LEVEL OF COVER IS RIGHT FOR YOU.

Return to invoice

Pays the difference between the original purchase price of your ŠKODA and the total loss settlement paid to you by your motor insurer.

Outstanding finance

Pays the difference between any outstanding finance (excluding any arrears) on your ŠKODA and the settlement paid to you by your motor insurer.

Return to invoice price + outstanding finance

Combines the advantages of return to invoice price and outstanding finance. Paying the difference between the total loss settlement paid by the motor insurer and the original purchase price or the amount required to settle the finance agreement, whichever is greater.

Lease charges

Is for vehicles financed on a contract hire agreement and pays the difference between the motor insurance payout and the amount required to settle the agreement.

If, for example, you purchased a vehicle costing £10,000 and it is written off after 15 months, your motor insurer may only pay out the current market value which might be £6,000. To replace your ŠKODA with another model worth £10,000 you will need to find £4,000.

With our 'Return to invoice price' cover we could pay you the difference between the insurance company payout and the original invoice price, so for the example above £4,000.

With our 'Outstanding finance' cover the Gap Insurance payment would cover any charges (up to a maximum of £10,000) that would need to be paid in order to fully settle your finance agreement.

Gap insurance from ŠKODA Insurance is administered by Abraxas Insurance Administration Service Limited. Terms and conditions apply.

Cost of new car

Return to invoice price Gap Insurance based on a ŠKODA purchased at:


Insurance company payout


Gap insurance payout


Arranging ŠKODA Gap Insurance cover is really easy - your local centre can help you to work out which level of cover is right for you and set up your policy.

To download a copy of the ŠKODA Gap Insurance policy documents simply click on the appropriate link below.

Gap Insurance cover booklet

File size

742kb

Return to invoice price Gap Insurance

File size

368kb

Return to invoice price and outstanding finance Gap Insurance

File size

368kb

Outstanding finance Gap Insurance

File size

367kb

Lease charges Gap Insurance

File size

367kb

Return to invoice price Gap Insurance

File size

372kb

Return to invoice price and outstanding finance Gap Insurance

File size

459kb

Outstanding finance Gap Insurance

File size

373kb

Lease charges Gap Insurance

File size

374kb

Return to invoice price Gap Insurance

File size

319kb

Return to invoice price and outstanding finance Gap Insurance

File size

333kb

Outstanding finance Gap Insurance

File size

320kb

Lease charges Gap Insurance

File size

326kb

Return to invoice price Gap Insurance

File size

316kb

Return to invoice price and outstanding finance Gap Insurance

File size

311kb

Outstanding finance Gap Insurance

File size

318kb

Lease charges Gap Insurance

File size

319kb

Return to invoice price Gap Insurance

File size

105kb

Return to invoice price and outstanding finance Gap Insurance

File size

233kb

Outstanding finance Gap Insurance

File size

227kb

Lease charges Gap Insurance

File size

107kb

Return to invoice price Gap Insurance

File size

316kb

Return to invoice price and outstanding finance Gap Insurance

File size

319kb

Outstanding finance Gap Insurance

File size

259kb

Lease charges Gap Insurance

File size

317kb

PLEASE CLICK ON THE QUESTIONS BELOW TO REVEAL THE ANSWERS.

If your ŠKODA is written off as a result of an accident or theft, your motor insurer will settle your claim based on the market value of your vehicle. This could be substantially less than you paid for it leaving you to find the money to get you back in a new ŠKODA. Additionally where your vehicle has been financed this can leave you paying for a vehicle that you can no longer use. Our Gap Insurance can cover the difference between the settlement provided by your motor insurers and the amount you originally paid for your ŠKODA, the amount still owing to your finance company, or a combination of both.

ŠKODA Gap Insurance can be purchased from the ŠKODA Retailer you purchased your vehicle from.

Your ŠKODA Retailer will be able to provide a Gap Insurance quote at any time before you collect your car, or up to 60 days after you have taken delivery.

The cost of our Gap Insurance depends on the value of your vehicle. The ŠKODA Retailer that sold you your ŠKODA can provide you with a quotation, and discuss the features and benefits of the different covers available.

Yes, premiums can be paid in one upfront sum or interest free over 12 monthly instalments.

No. Whilst some motor insurers provide a replacement vehicle if yours is written off within the first 12 months of first registration, this is not Gap Insurance or a substitute for it.

Where your vehicle has been written off within the first year of registration, and a new replacement vehicle provided by your motor insurers, cover can be transferred to your new ŠKODA. Additionally in the unlikely event that there is a problem with your vehicle and this is replaced by ŠKODA due to merchantable quality issues, cover can be transferred to the replacement vehicle. A small administration fee will apply to transfers, please see your policy or contact us for details.

To make a claim you can call us on 0330 400 1631 or write to us at:

ŠKODA Gap Insurance
Claims department
PO Box 520
Bristol
BS34 9BW

Please ensure you contact us before accepting any offer from your motor insurer.

Please contact 0330 400 1631 and select the appropriate option from the automated message service.

If you wish to make a complaint about our product or service you can call us on 0330 400 1631 or write to us at: 

Customer Satisfaction Manager
ŠKODA Gap Insurance
PO Box 520
Bristol
BS34 9BW

Please contact the ŠKODA Retailer from which you purchased your ŠKODA Gap Insurance policy or contact the ŠKODA Gap Insurance helpline on 0330 400 1631 to request a copy of your documentation.

You can download a copy of the ŠKODA Gap Insurance policy documents online. Select the document that relates to when you purchased your policy.

You can cancel your policy within the first 30 days and obtain a full refund of premium paid at no cost to you. After this cooling off period you can cancel your policy at any time, and provided no claims have been made you will be entitled to a pro rata refund.

For cancellations made outside of the initial cooling off period a small administration fee will apply.

To cancel a policy, please phone 0330 400 1631 or write to:

Customer Satisfaction Manager
ŠKODA Gap Insurance
PO Box 520
Bristol
BS34 9BW