Contract Hire GAP Insurance

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Contract Hire/ Lease Hire GAP Insurance

This is a GAP Insurance to cover vehicles on Contract Hire or Lease Hire. Our Contract Hire/ Lease Hire GAP insurance is suitable for cars/ vans up to 3.5T that are on contract or lease hire providing that the monthly leasing costs do not exceed £1,000 (Ex VAT). We can also cover cars used for driving tuition that are leased/ on hire (but not Taxis). Please note that the car/ van must be on contract Hire/ Lease hire to qualify for this scheme. If the vehicle is on Finance then we recommend you look at our 'Finance GAP Insurance' contract or our 'Back To Invoice GAP Insurance' policy. (If you own the vehicle outright then 'Back To Invoice' is the only option available.

Our Contract Hire/ Lease Hire GAP Insurance Rates

Our GAP Insurance for vehicles on contract hire or lease hire is only available for UK cars, light vans and driving school cars under 3 years old at inception, which are on contract hire or on lease with monthly payments excluding VAT of £1000 or less. The policy must start within 3 months of the contract hire/ lease start date. Second Hand vehicles are acceptable. You can select 1,2,3, or 4 years cover - all for a single premium. All quotes include IPT (currently 5%). The benefit period starts from the date the Contract Hire/ Lease agreement commenced.

Save £10.50 on the GAP Insurance rates below by buying Online - Click Here (not available for CVs/ Trucks)

Type of Vehicle Max Purchase Price Max Monthly Leasing Max Benefit 1 Year  2 Years  3 Years  4 Years 5 Years Policy Summary Policy Document
Car/ Light Van £15,000 £1,000 £10,000 £128.06 £135.08 £141.40 £145.62 N/A Click Here Click Here
Car/ Light Van £25,000 £1,000 £10,000 £131.57 £142.13 £145.62 £149.13 N/A
Car/ Light Van £40,000 £1,000 £10,000 £142.11 £145.62 £149.13 £154.75 N/A
Car/ Light Van £50,000 £1,000 £20,000 £170.20 £173.71 £177.93 £183.55 N/A
Driving School £25,000 £1,000 £10,000 £143.51 £147.73 £151.94 £154.75 N/A Click Here Click Here
Commercial Vehicles to 7.5 T £60,000 £1,500 £15,000 £147.00 £168.00 £189.00 £199.50 £210.00 Please complete and fax this form to 01388 663032
Commercial Vehicles 7.5T - 44T £50,000 £1,500 £15,000 £241.50 £283.50 £294.00 £304.50 £315.00 Please complete and fax this form to 01388 663032
Commercial Vehicles 7.5T - 44T £50,000 - £100,000 £2,000 £20,000 £367.50 £408.50 £430.50 £451.50 £493.50

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Buying Online

We do not issue policies online. What we do offer is the facility whereby you may apply for and pay for the insurance policy. Once this is done we will process your application and issue the policy documents. This we aim to do either during the same day - if your application is received in time - or on the next business day - if the application is received too late. You may of course contact us to discuss matters over the phone if you have any queries - call 01388 607105.

If you are concerned you can check that we are registered by the Financial Services Authority to transact insurance mediation in the UK. Our details are: B. Portwood & Co Ltd, 145 Newgate Street, Bishop Auckland, CO Durham. DL14 7EN. Our FSA registration number is 300694 and this can be checked on the FSA website.

To our GAP Insurance introductory page with details about Finance GAP, Back To Invoice as well as Contract Hire

Our home page with a list of other products that you may find of interest - or you could click one of the links at the top of the page to find out what other policies are available.