Finance Gap Insurance Finance Gap Insurance

Finance Gap Insurance

Helps you pay your outstanding loan balance

If your vehicle is stolen or damaged beyond repair, we’ll make sure any gap between your insurance payout and outstanding loan balance is covered.

What’s in it for you?

Peace-of-mind

Peace-of-mind

Depending on your level of cover, you’ll never have to worry about a write-off leaving you out of pocket.

Extra security

Extra security

We’ll foot the bill for a range of additional expenses, including your next Toyota Finance establishment fee.

Cover to suit you

Cover to suit you

If you’d rather not pay for your premium in one go, we can set up a plan to make things more manageable.

Here's what you can expect

  • If your vehicle is stolen or damaged beyond repair, we’ll cover the outstanding balance (up to the policy limit) that may occur due to your insurance payout not covering the full amount
  • Even if your insurance payout does cover the full remaining balance of your loan, we’ll still cover a range of additional costs associated with replacing your vehicle
  • If you finance your new vehicle with a Toyota Finance product, we’ll cover the full cost of your loan establishment fee up to a maximum of $750

Please note:

To be eligible for Finance Gap Insurance, you must have a finance contract on your vehicle, and your vehicle must be covered by a comprehensive insurance policy.

For the full list of exclusions, check out the Product Disclosure Statement in the Important Bits section.

Choose your cover

We’ve created four different options for you to choose from.

Up to

$30,000 gap cover

Up to $4,000 additional expenses

Up to

$15,000 gap cover

Up to $4,000 additional expenses

Up to

$10,000 gap cover

Up to $2,000 additional expenses

Up to

$10,000 gap cover

Up to $1,000 additional expenses

How to buy

You can take out Finance Gap Insurance when you buy your new or used Toyota. Just ask your dealer about it before you finalise the paperwork.


Contact a dealer

The important bits

This SPDS, dated 1 May 2019, updates and should be read in conjunction with the Toyota Finance Gap Insurance Policy and Product Disclosure Statement and any other applicable SPDS we may have given you.

Ready to get started?

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