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GUARANTEED ASSET PROTECTION INSURANCE

RIGHT FINANCE, RIGHT NOW!

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RIGHT FINANCE, RIGHT NOW!

GUARANTEED ASSET PROTECTION INSURANCE

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REPAYMENT AMOUNT: *

* REPAYMENT AMOUNT IS INDICATIVE ONLY.

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Guaranteed Asset Protection Insurance (GAP)

What is GAP?

Now, what's this magical Guaranteed Asset Protection Insurance (GAP), you ask? It's your shield against losses when your ride becomes a total loss, where the insurance payout may be significantly less than what the car lender is owed.

Why buy a GAP policy?

If your vehicle is declared a total loss and there is a shortfall between the total loss settlement and the outstanding amount you owe your financier for the vehicle loan GAP Insurance swoops in, pays off your car loan in full, and hands over the money to your lender alongside the car insurance money. Boom! Say goodbye to that car loan – it's official history.

Why does the 'gap' occur? There could be several factors involved, including:

Borrowing to pay for various costs associated with buying a car such as registration

Comprehensive insurance premium

Consumer credit insurance premium

No deposit or trade-in at purchase

Depreciation of the value falling faster than the loan

In a Comprehensive Insurance claim, if insurers value your vehicle less than your outstanding loan, the difference is the gap, requiring additional payment.

But wait, there's more – GAP comes with a bunch of cool benefits, like reimbursements for:

Do I have to pay a premium every year?

No, you pay one premium, once only and you are covered for the duration of your loan.

Other Available Insurance Options

Why choose us?

Why choose us - Variety of finance options

Variety of finance options

Kiwi Car Loans is the home of great rate finance approvals. We have access to a variety of finance options, and we look to find you the best finance options.

Why choose us - Open 7 Days

Open 7 Days

Client satisfaction is our top priority, and out professional team will work 7 days a week to bring you the fast and best finance approvals to suit your requirements.

Why choose us - Multiple Lender Options

Multiple Lender Options

We work with multiple reputable lenders to bring you fast finance approvals to suit your requirements.

Why choose us - Competitive Finance Rates

Competitive Finance Rates

Our goal is to give each client the best finance rates, enabling them to enjoy fewer monthly payments.

Multilingual Staff

We have a big team of multilingual finance rockstars who can speak multiple languages to support those awesome migrant workers and people from different backgrounds.