Potentially protects your finances against the effects of depreciation.
Insureworks provides a straightforward online process for arranging GAP insurance.
Once a claim is accepted, settlement will be handled in line with the policy terms and the process set out by the insurer.
Tailored cover arranged by Insureworks that may help reduce the financial impact if your car is written off or stolen.
Volvo has spent decades building cars around safety, space and quietly sensible design. Our insurers can offer Volvo GAP insurance across the range, from XC40 and XC60 SUVs to V60 and V90 estates, S60 and S90 saloons and the fully electric EX models. Whether you paid in full, chose PCP, signed a lease agreement or bought a used Volvo with a few miles already behind it, we can help you compare cover.
GAP insurance doesn’t care if you’re leasing. We can still arrange cover. A write-off could leave you with more than an empty driveway. If you’re comparing Volvo GAP coverage lease options, our insurers may be able to help cover the shortfall between your motor insurance payout and the amount still due under your lease agreement. Get a Volvo GAP insurance quote to check what may be available for your Volvo.
No sign of your model below? We’ve picked out the names most familiar to UK drivers, but our insurers may cover plenty of others, subject to the policy terms and eligibility criteria.
The two SUVs most people picture when they think of a modern Volvo. Popular on PCP and common on the school run.
The big seven-seater built for long journeys, full boots and families who need every row in use.
Estates for drivers who wanted the space without the height. Long-distance cars that hold a lot more than they look like they should.
Saloons for motorway miles, built quiet and comfortable rather than shouty.
Volvo’s fully electric models, same badge and the same sensible reputation, minus the engine.
Whether your Volvo is a brand-new XC40 or a V90 that has already covered plenty of motorway miles, our insurance providers may have an RTI GAP option available. Following an accepted total-loss claim, it could help reduce the financial difference between your motor insurer’s settlement and the original invoice price, subject to the policy terms and claim limit.
The policy that may suit you depends on how you bought your Volvo and what you would like the cover to protect. The information below explains how GAP insurance could apply across different types of Volvo, while Volvo GAP insurance lease options may also be available for qualifying agreements.
Depreciation affects new and used cars alike, so GAP could help protect the price you paid. Cover is available on vehicles up to ten years old, bought within the last 180 days and priced from £5,000.
Petrol and diesel models lose value steadily, but the gap between what you paid and what your insurer settles can still be significant. GAP could help reduce that difference if an eligible vehicle is written off or stolen.
Hybrid and plug-in versions often carry a price premium over the equivalent petrol model, which means a larger shortfall to cover if the worst happens. GAP could help protect the eligible invoice price paid for the vehicle.
Electric models lose value quickly, and the shortfall after a total loss can be larger than expected. On PCP and cash purchases, electric vehicles are covered up to a £50,000 vehicle price. Lease and contract hire have no such restriction.
If your Volvo is stolen or written off, your motor insurance only pays what it’s worth today, not what it was worth when you drove it home.
Volvo GAP insurance may provide a way of bridging the gap between what your motor insurance pays out and what the car is worth. This may potentially mean you are not left out of pocket and can look for a replacement Volvo with the shortfall cover.
We’ve poured our hearts into creating a selection of car GAP Insurance providers that offer transparent, tech-driven, and family-focused cover. We’re here to protect your finances and your peace of mind.
We know you might have questions, here are the four we hear at Insureworks all the time.
If your Volvo is stolen or written off, GAP insurance may help cover some or all of the difference between your motor insurer’s payout and what you originally paid or still owe on finance. This is depending on the policy terms.
GAP is not a legal requirement, but some drivers often consider Volvo GAP insurance when leasing a car. If your leased car is written off or stolen, there may still be an amount due under your finance agreement after your motor insurer’s payout. Paying for a car that is sitting in the scrapyard is not usually an ideal scenario. GAP may help cover some or all of that shortfall, depending on the policy terms.
If you’re considering Volvo GAP insurance, you may want to think about when the cover starts. This is because depreciation starts from the moment the car rolls off the forecourt. If your car is written off or stolen soon after purchase, there may still be a financial shortfall between your motor insurer’s payout and what you paid or still owe. GAP insurance may help cover some or all of that shortfall, depending on the policy terms.
Popular Volvo models include the XC40 and XC90. A wide range of Volvo models are eligible for GAP insurance. Always check the policy terms and eligibility criteria. We can usually help you find cover for your car.
