Guaranteed Asset Protection (GAP) Insurance
Guaranteed Asset Protection (GAP) insurance covers you in case your car is stolen or written off and the insurance payout is less than the finance you still owe. For example, if you owe $16,000 on your car but its insurance value is $12,000, if it is stolen you will have a shortfall of $4,000 still to pay on your loan. This would be covered by the GAP insurance. We offer cover up to a maximum of $10,000.
Click here for policy terms and conditions.
Click here for Guaranteed Asset Protection Claim Form.
Arranging your insurance
Direct through MARAC Insurance
Call us on 0800 520 009 and we'll send you an application form.
Through a MARAC Insurance-authorised motor vehicle dealer
A MARAC Insurance -authorised motor vehicle dealer can organise insurance on the spot for you at their dealership.
Check out our FAQ's
If your question isn’t there, click here to email it to us or call us on 0800 520 009.
Want to talk about insurance?
You’re welcome to give us a call on 0800 520 009 to have a chat about the best insurance options for you.