Motor Gap is a product of EQUA Underwriting Managers (Pty) Ltd, an authorised financial services provider FSP No: 49595
Get Motor Gap
Shortfall
Insure your potential shortfall for the difference of what your insurer pays and what you paid for your vehicle in the event of a total loss.
What is Value Shortfall
Insure your potential shortfall for the difference of what your insurer pays and what you paid for your vehicle in the event of a total loss.If your vehicle is written off or stolen, Motor Gap Value Shortfall covers:
1. The amount that you may still owe the financier after your primary insurer paid out the market/retail value of your vehicle or,
2. The difference between what your insurer paid on market / retail value and what you actually paid for your vehicle.