by Clare Wood | Mar 25, 2022 | Commercial vehicle insurance, Fleet management, Transport & logistics
What is GAP Insurance? GAP stands for Guaranteed Asset Protection. GAP insurance is designed to effectively bridge the potential shortfall between the amount you paid for a vehicle, and the amount your comprehensive motor insurance policy pays out. Why could there be...
by Sarah Clements | Mar 24, 2021 | Commercial vehicle insurance, Fleet management, Transport & logistics
There are few commercial motor buyers that would not be aware of issues arising out of depreciation values of vehicles. Our experience is that there is also broad understanding that most motor insurers will only settle a total loss claim up to a maximum of the market...