Home » Insurance » Motor Vehicle » Personal Motor » Car Insurance » Car Insurance News » Protect Yourself Against the Cost of Vehicle Theft with GAP Insurance
There has been a significant rise in the number of vehicle thefts in the UK over the last ten years. When your car is stolen, it is not only shocking and an inconvenience but there can be added stress if the amount your car insurance pays out is not enough for you to replace your car with the same model.
Since 2013 there has been a reported 75% rise in vehicle theft. To put this into numbers, the Office for National Statistics has confirmed that in just one year, between April 2023 and March 2024, there were over 129,000 vehicle thefts within the UK.
Much has been written in the news about keyless entry theft being on the increase. Criminals are able to buy keyless car theft devices for over £20,000 on the internet. These can then be used to steal cars by bouncing the signal from the keys without the thieves even needing to set foot in someone’s home.
What may be surprising is that the cars which are still topping the list for most ‘popular’ to thieves are Ford Fiestas and VW Golfs! Much of this is to do with the number of these cars on the roads but also that cars are stolen for different reasons.
,p>Smaller cars are often taken to be used in other crimes, from robberies to joyriding. Higher value vehicles are usually stolen to order and EV cars are not immune to vehicle theft either. Thieves are attracted to them because of their high resale value, the demand for their parts and for the charging cables which are often stored in the boot.By taking out GAP insurance when you buy your car, you can ensure that, should your car be stolen, you can claim the difference between what your standard car insurer pays you and what it would cost you to buy a car the same as the one you lost.
We can quote for new and used cars and vans offering great GAP insurance cover should you suffer the total loss of your vehicle and need to fill a finance gap.
Our GAP insurance provider is A+ rated and provides excellent flexibility with their cover. You can transfer your policy to a new vehicle should you decide to sell yours and, what’s more, there are no admin fees for cancellations or amendments!
We use cookies and other tracking technologies to improve your browsing experience on our website, to show you personalized content and targeted ads, to analyze our website traffic, and to understand where our visitors are coming from. By browsing our website, you consent to our use of cookies and other tracking technologies.