Direct Line Gap Insurance covers the difference between the amount you receive from your car insurer and the amount you owe on your car loan or lease if your vehicle is written off or stolen. If your car is totaled, your standard car insurance will pay out its market value, but this may be less than the outstanding balance on your loan or lease. Gap Insurance steps in to cover this shortfall, ensuring you don’t end up out of pocket. For example, if your car’s market value is £10,000, but you still owe £12,000 on your loan, Gap Insurance would cover the £2,000 difference. Direct Line’s Gap Insurance offers financial protection and peace of mind, helping you avoid financial strain in the event of a total loss of your vehicle.