Guaranteed Asset Protection (GAP) Insurance

Available at Winchester Motor Group incorporating Garland Motors Skoda in the south.


What is Guaranteed Asset Protection?

As we all know, once your new car is driven off of the garage forecourt, it can depreciate in value. Guaranteed Asset Protection (GAP) insurance, is designed to help protect against this by bridging the gap between the original amount paid for the car, and the amount your insurer pays out based on the value of your vehicle at the time you make a claim.

Accidents happen. No matter how hard we try. That's why, SKODA offer their very own Guaranteed Asset Protection Insurance, so that we can help you cover the gap in funding if a new vehicle if your car is stolen or badly written off in an accident.

What's more, with SKODA Guaranteed Asset Protection, you are able to replace your car with no hassle, no need to find additional funds, and exclusive benefits.




So what's included?

With SKODA Guaranteed Asset Protection, you have the advantage of having all these benefits included:


✔ Up to 3 years' cover (36 month)*


✔ Up to £75,000 Net Invoice Price covered**


✔ No maximum claim limit up to the Net Invoice Price of your vehicle


If you have any further questions about what is involved in Guaranteed Asset Protection, you can get in contact with a member of our team directly.



Terms & Conditions

​*Plus additional limited cover in months 37 to 48 if your vehicle is subject to a finance agreement with a term greater than 36 months.  

**Net Invoice Price - the amount that you have paid for the vehicle itself, excluding non-dealer fitted options and extras such as the road fund licence, or negative equity.  

† Market Value means the greater of: a) The value of the Insured Vehicle (excluding contents) at the Date of Loss as assessed by the insurers of the Motor Insurance; or b) The Market Value of the Insured Vehicle (excluding contents) as at the Date of Loss by reference to Glass’s Guide Retail Value.