May help reduce the financial shortfall caused by your Volvo falling in value.
A simple car-buying experience deserves simple admin, so Insureworks keeps Volvo GAP car insurance easy to arrange.
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 mind 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 lease GAP insurance 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.
Leasing a Volvo means you hand the car back at the end of the agreed term rather than owning it outright. If the vehicle is written off or stolen and not recovered before that point, though, there may still be an eligible financial commitment attached to the lease. Volvo lease GAP insurance may help where the settlement from your comprehensive motor insurer does not meet the qualifying amount due under the contract hire agreement.
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. Volvo GAP car insurance can usually cover these models, depending on the policy.
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 Volvo GAP car insurance could apply across different types of Volvo, while Volvo lease GAP insurance 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. Volvo Lease GAP Insurance 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 becomes a total loss, your comprehensive motor insurance claim comes first. GAP insurance may then help with an eligible difference left between that settlement and the amount protected by your policy. Depending on the type of GAP cover you have, that could relate to the original invoice price or an eligible finance or lease liability. It does not replace your normal motor insurance, and any payment remains subject to the policy terms and claim limit.
No, Volvo lease GAP insurance is not a legal requirement in the United Kingdom. It is optional cover that some drivers consider in case the car is stolen and not recovered or written off. Your motor insurer may pay the Volvo’s market value at the time, but that does not always match an eligible amount left on the lease agreement. GAP insurance may help towards some or all of that shortfall, depending on the policy terms and limits.
You do not necessarily need to sort GAP insurance the second you pick up the keys, but you should check the insurer’s purchase-date rules before leaving it too long. A Volvo can still feel nearly new while its market value has already started to change. If the car is later written off or stolen and not recovered, that fall in value could contribute to a financial shortfall. GAP insurance may help with an eligible difference, subject to the cover you selected.
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.
