Protect your fleet in the event of theft or write-off and keep your business moving. 
Fleet GAP Insurance is for fleet operators who want a flexible policy to protect the financial investment in a fleet, in the event that vehicles are stolen or written-off. 
 
It is likely that your motor insurer will only pay the current market value for the vehicle. This amount could be less than the cost of replacement or, to cover the outstanding amount on the finance/lease agreement. 
 
Therefore, whether it is your fault or not, having a vehicle written off could leave your business out of pocket, plus the added stress of having a vehicle off the road and re-adjusting workload to keep customers happy. 
 
Costs to your business can include: 
 
Sourcing a temporary hire vehicle 
The excess to pay the motor insurer 
Potential shortfall between the insurer’s settlement offer and any outstanding finance/termination charges 
Additional costs to purchase a replacement vehicle 
 
All these costs add up and could put financial strain on your business. 
 
Fortunately as commercial insurance brokers, we can offer a low-cost solution that can potentially save your business a lot of money in the long-run. For peace of mind, Fleet GAP Insurance will: 
 
Cover £250 of your motor policy excess 
Pay the difference between the motor insurer's settlement figure 
Pay the outstanding amount owed to the finance/lease company 
Or 25% of the motor insurer's total loss settlement figure. (Whichever calculation is the greater.*) 
 
This extends to include: 
 
A temporary replacement car or van up to 3.5T GVW, for up to 42 days once the motor insurer has confirmed the total loss 
Insurance cover for the temporary vehicle 
Commercial vehicles up to 44T GVW and under 15 years old 
Vehicles on lease / contract hire, finance and owned outright. 
 
Fleet GAP Insurance can save a lot of hassle, we take care of you so that you can take care of your business. 
 
Contact our team of commercial insurance brokers for more information on 01482 247477 or email info@hicommercial.co.uk. 
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