Mercedes-Benz Lease GAP Insurance

What is Mercedes-Benz Lease GAP?

In the event of your vehicle being written off, Mercedes-Benz Lease GAP Insurance is designed to protect you against the risk of any shortfall in your lease agreement. Following the comprehensive motor insurance settlement, Mercedes-Benz Lease GAP Insurance will pay the difference between this and the cost to clear your lease agreement and help you start a new one.

Mercedes-Benz Lease GAP insurance includes:

• Vehicle Age Cover - Up to 10 years
• Vehicle Weight Cover - Up to 5000kg
• Dealer Manufacturer Fitted Accessories Cover - Up to £1,500
• European Cover (per annum) - 90 days
• Vehicles costing up to £75,000 - Claim limit is up to the purchase price
• Motor Insurance Excess Cover - Up to £250
• Policy Transferable*
• Cover available for Lease products
• Cover available for Hire and Reward Vehicles#
• Cover available for business users
• Road Fund License contribution up to £200
• Paint protection/StarGuard when detailed on the original supply invoice will be part of a valid claim
• Contribution towards a replacement vehicle under a new Contract Hire or Lease agreement - Up to 3 monthly rentals to a maximum of £2,500 (including VAT)
  

*Can be transferred to your new vehicle if you replace your van with one of a similar value. Subject to administration fee. Terms and Conditions apply. #For Hire and Reward vehicles maximum invoice price = £125,000

How GAP Insurance pays out

Lease GAP Insurance example

Your vehicle is written off and your motor insurance company agree to pay out £12,000 but you still owe £18,500 on your lease agreement. Mercedes-Benz Lease GAP Insurance will pay-out a sum of £6,500 to clear your lease agreement and help you start a new one.​

Where can I purchase Mercedes-Benz GAP Insurance?

Speak to your Sales Executive who will put you in contact with a Business Manager for further information and policy costs.

GAP Insurance Leaflet