Guaranteed Asset Protection

What is Guaranteed Asset Protection?

GAP Insurance is designed to protect you financially if your vehicle is declared a total loss and the payout from your comprehensive insurance isn’t enough to cover the outstanding balance on your loan or lease. This often happens because vehicles depreciate quickly — leaving a gap between what your insurer pays and what you still owe.

With Finance Today, GAP Insurance helps bridge that shortfall by covering up to $20,000 (plus any additional benefits you choose). It’s a smart way to stay financially secure and avoid unexpected debt if the worst happens.

Why GAP Insurance Matters

If your financed vehicle is stolen or written off in an accident, your standard motor insurance may not be enough to clear your loan. GAP Insurance covers the difference, helping you avoid being out of pocket and allowing you to move forward without financial stress.

Our team will guide you through the options and recommend the right level of cover based on your loan, vehicle type, and personal preferences. It’s simple, affordable, and provides extra security at a time when you need it most.

How It Works

Fast & easy application process here

Group-1b

Apply for Cover

Get in touch with our team when financing your vehicle — we’ll recommend the right GAP coverage for you.

Group-2a

Choose Your Protection Level

Select from a range of coverage limits and optional benefits tailored to your vehicle and finance amount.

Group-3a

Stay Protected

In case of total loss, GAP Insurance pays the shortfall directly, giving you financial protection and peace of mind.

Frequently Asked Questions

Answers to your common questions about GAP Insurance — know your options before you finance.
It covers the difference between your car insurance payout and the remaining loan balance if your vehicle is written off or stolen.
Depending on your cover, GAP Insurance can pay up to $20,000 (plus any additional selected benefits).
GAP Insurance should be arranged when you’re financing or leasing your vehicle, ideally at the time of purchase.
No, it works alongside your comprehensive motor vehicle insurance and only applies in case of total loss.

About Finance Today

Trusted finance and insurance experts in New Zealand. Led by Simi Kaur with 17+ years of experience, we’re committed to delivering personalised solutions with genuine care and service.

Contact us today for all your finance and insurance needs!

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