Guaranteed Asset Protection insurance (GAP)
Don’t get
caught short
Guaranteed Asset Protection insurance steps in if your vehicle is declared a total loss under a Comprehensive Vehicle Insurance policy and the claim payment is less than the outstanding loan amount you owe: in short, GAP is designed to pay the shortfall between a claim payment and the outstanding loan balance.
The benefits
Protect your savings
GAP protects your pocket by covering the difference between your loan balance and the total loss claim payout from your vehicle insurance.
Choice of cover
Choose the level of cover that’s right for your financial needs - $5,000 or $10,000. Cover the potential shortfall your way: insure all, self-fund or a mix of both.
Get back on the road
Select additional benefits to get back on the road in a new set of wheels, for example; cover for delivery and registration charges on your replacement vehicle, and more.
Tailor to your ‘gaps’
Manage your premiums by picking features and levels of cover that are right for your needs. Get your GAP just right for you – not too much; not too little.
FAQ
More FAQs?
Can I see the full cover list of components covers in my Extreme Plus Warranty?
Electric Vehicles – what’s the fine print?
How do I make a claim?
Is my policy Transferable?
Is there a Cool down period?
Download the documentation about Quest GAP
Our 20+ strong team are better-borrowing champions – we’re for any questions, big or small.
- Call us on:
- 0800 666 065
- Email us at:
- enquiries@better.co.nz
Or request a call here:
One of the team will call you asap within business hours