Renault is known for making cars with compact but functional proportions, chic styling, and agile performance. The latest generation of this large hatchback boasts sharper styling and spruced up interiors.
If you’re a Renault driver, you’ll no doubt be on the lookout for the best way to protect your motor, which is where GAP Insurance comes in.
Why do I need Renault GAP Insurance?
Do you know how much your insurance pay-out would be in the event of a write-off? Will it be enough to fund a new like-for-like replacement? Sadly, there’s a very good chance that it won’t.
Because most standard insurance policy pay-outs are based on a car’s current market value, you’re unlikely to receive a sum that comes close to the cost of replacing your car. The problem is that cars are subject to depreciation.
If you purchased a new Renault Megane for £25,000, it could be worth £10,000 three years later (based on 60% depreciation). Therefore, your insurer may only offer a £10,000 pay-out in the event of a write-off, meaning you’d have to find another £15,000 to replace your car with the same model.
Renault GAP Insurance with MotorEasy
Most insurance policies will be found wanting in the event of a write-off. GAP Insurance covers the difference between the amount your standard insurance policy pays out and the amount you’d need to buy a new like-for-like replacement. In other words, it’s a great way to ensure you’re fully covered. You can learn more in our GAP Insurance guide.
The case for GAP cover is even stronger if you’re paying for your car with a leasing arrangement or PCP financing, which could leave you exposed to considerable debt in the event of a write-off.
Available for all cars up to 8 years old (or with up to 80,000 miles on the clock), MotorEasy GAP Insurance represents a smart, easy, and affordable way to remove these risks and enjoy your Renault.
- Up to £250 in motor insurance excesses covered
- Optional extras and accessories covered (where factory or dealer fitted)
- European road trips for up to 30 days covered
- Savings on MotorEasy maintenance and repairs
- FREE MotorEasy account with access to all your car’s details, documents, important reminders, and motoring offers
What does Renault GAP Insurance cover?
MotorEasy GAP Insurance offers protection against the risk of a write-off, which could leave you short-changed if you want to buy a like-for-like replacement. But what is a write-off and is it something you need to worry about?
Write-offs are surprisingly commonplace. In fact, over 500,000 cars are written off every year. Typically, write-offs are the result of accidental damage, but MotorEasy GAP Insurance also covers you against car theft, which accounts for an increasing number of write-offs every year.
Statistics show that car theft is on the rise, so it makes sense to ensure you’re properly protected. 112,174 motor vehicles were stolen in the UK in 2017/18, which is the equivalent of 307 every day. Sadly, that figure also represents a significant increase on previous years and the continuation of a 50% leap in car theft over the last five years.
How much does Renault GAP Insurance cost?
The cost of GAP Insurance on the Renault range depends on the model of car and your age, but with MotorEasy, it’s up to 75% cheaper than purchasing through a dealer or lender.
Getting a quote
Getting the best GAP Insurance quote is quick and easy. Our dedicated page gives you all the information you need and a convenient tool to get you a quote in moments.