Ford GAP Insurance

Ford has a long and enduring history with some of its models remaining popular for decades. Alongside the evergreen Fiesta, the Ford stable also includes iconic models like the Focus and Mondeo. All have stood the test of time thanks to countless modernising iterations.

But have you ever considered what would happen if your Ford got written off or stolen? It may not be a pleasant scenario to contemplate but it’s a good idea to find out the value of the insurance pay out you’d be looking at in such circumstances.

What is GAP Insurance?

GAP Insurance offers an easy way to bridge the chasm between the original cost of your vehicle and a disappointing pay out from standard insurance policies based on your Ford car’s heavily depreciated market value.

You can learn more in our GAP Insurance guide.

Why do I need GAP Insurance?

The likelihood is that your standard insurance policy won’t come close to covering the cost of a new replacement. Most standard policies only pay out a sum that’s equivalent to the current value of your car. So, many motorists simply aren’t insured to cover the costs of a like-for-like replacement.

Depreciation should be a significant consideration. A car typically loses about 60% of its value over the three years following its original purchase. If your insurance policy only pays out the current value of your car, you could find yourself significantly short of the figure needed to replace your car with the same model.

If you purchased a new Ford Mondeo for £25,000 its value could have depreciated to £10,000 three years later (based on 60% depreciation). Therefore, if you need to make a claim on a three-year-old Mondeo, you may end up with a pay-out that’s £15,000 short of the sum required to replace it with a new model.

What do I get with MotorEasy?

A car’s market value begins to plummet the moment you drive it off the dealership forecourt. So, it makes sense to safeguard the original value of your investment with a MotorEasy GAP Insurance policy.

Our GAP Cover makes even more sense if you’re paying for your car with a leasing arrangement or PCP financing. Both could leave you exposed to considerable debt in the event of a write-off.

Available for all cars up to 8 years old (or with up to 80,000 miles on the clock), MotorEasy GAP Insurance offers a smart, easy, and affordable way to remove the risks associated with standard insurance policies. This will help you to and enjoy your Ford safe in the knowledge that it’s comprehensively protected.

European road trips for up to 30 days covered
Savings on MotorEasy maintenance and repairs
FREE MotorEasy account with access to all your car’s details, documents, important reminders, and motoring offers
Up to £1000 in motor insurance excesses covered
Optional extras and accessories covered (where factory or dealer fitted)

Is Ford GAP Insurance worth it?

GAP Insurance comes into its own in the event of a write-off. All too often, motorists find that their pay out is significantly short of the sum needed to buy a like-for-like replacement. It makes sense to top-up your cover and ensure you’re fully protected. But how likely is a write-off? Is GAP Insurance necessary?

In fact, write-offs are more common than many imagine - over half a million cars are written off every year. Typically, write-offs are the result of accidental damage. MotorEasy GAP Insurance also covers you against car theft, which accounts for many write-offs every year.