What is GAP Insurance?
GAP insurance is generally used as a supplement to accident insurance.
GAP = Guaranteed Asset Protection. GAP insurance is offered in connection with the purchase or financing of a car, and the client is guaranteed for insurance against the original purchase price of the vehicle in case of total damage or theft, or the client is protected against the debt to the leasing company or the bank.
Which GAP insurance is the most suitable for me?
The cheapest option is not always the best option nor the most expensive option the finest. You need to carefully look at the risk you are exposed to and then choose your insurance coverage accordingly.
- Are you buying an expensive vehicle in cash or on a loan and want to be sure that if you lose it, will you be able to pay the same price for another? DEFEND Gap MAX is the right one for you.
- Are you purchasing a car for operating leases and do not want to get into debt to the leasing company in case of theft / total damage? Then DEFEND Gap LEASE is the best choice for you.
- Are you an experienced driver, park your car in a garage, but you are afraid of ‘pirates‘ of the road? DEFEND Gap MINI is here for you.
- You don’t feel that you should lose your money for being part of an accident claim? Complete variants 1) and 2) with DEFEND Gap XS (coverage of accident insurance).
If I sell a car that I have insured with yo, can my GAP insurance be transfered to the new owner?
Unfortunately, this is not possible if the vehicle is sold.
Only in exceptional cases, clearly defined by DEFEND GAP's General Insurance Policy, can the insurance contract be transferred to the new owner (e.g. transfer between family members with the same permanent residence, transfer from estate, divorce transfer).
What happens if the car is stolen, I receive the insurance benefit and then the car is found?
If your vehicle is found after the date of the postponement of the investigation by the Police of the Hungary and the indemnity from the GAP insurance has already been paid, the found vehicle usually belongs to the insurer of accident insurance so the insurance benefit is not returned.
When and where can DEFEND GAP be negotiated?
DEFEND GAP insurance can be arranged within 120 days of the purchase of the vehicle (from the date on the invoice / purchase contract for the vehicle) through the dealer you are buying the car from (if they have a co-operation agreement with us) or with one of our co-operating insurance brokers. If you are interested in DEFEND GAP, please call our information phone line +36 (1) 800-8030 or send us an email via email@example.com.
U které pojišťovny musím mít sjednané havarijní pojištění, abych mohl/a uzavřít DEFEND Which insurance companies do I need to have contracted accident insurance with so that I can purchase DEFEND GAP?
Your vehicle can be covered by emergency insurance at any insurance company in the Hungary that provides
motor vehicle accident insurance. Make sure your accident insurance covers all risks of total damage and
theft you want to be covered by DEFEND GAP.
Accident insurance is not a condition in the case of the DEFEND Gap MINI insurance option only.
Can I change the accident insurance company during insurance period of DEFEND Gap?
Yes, the accident insurance company can not only be changed during the DEFEND Gap policy’s term, but you can also adjust the insurance amount to the current general vehicle price. Note! In the event that the insurance policies of your accident insurance are not immediately enforced, the DEFEND Gap insurance contract is still valid, but it does not cover you at the time when the accident insurance is interrupted.