Do I need GAP insurance if I bought my car on PCP?

While it’s not a requirement, GAP insurance is a wise option for those with PCP agreements. If your car is written off or stolen, your insurer may not cover the full amount still owed on your finance agreement, including any optional final payment. GAP insurance helps cover this shortfall, reducing the risk of unexpected costs.

Paying in full? See ‘Should I still consider GAP cover if I paid cash for my vehicle?’