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Toyota Versicherung Gap Deckung: the policy wording in full
GAP-Deckung als zusätzlich zu vereinbarender Schutz in der Vollkasko der Toyota Versicherung (Aioi Nissay Dowa): ersetzt bei Totalschaden oder Verlust die nach der Kaskoregulierung verbleibende Differenz zur Restforderung des Leasing- oder Darlehensgebers; der Kredit muss ausschließlich der Fahrzeugfinanzierung dienen.
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Everything about this policy
What the policy covers: 70 points, each with its clause
Quotes are shortened.
The full German wording of each point is on the German page for Toyota Versicherung Gap Deckung.
Basics and eligible contracts
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Form of cover (module of the comprehensive policy or stand-alone contract) | yes | „Sofern zusätzlich ein entsprechender Schutz (GAP-Deckung) vereinbart worden ist …“ | A.2.5.1.9.1, page 20 |
| GAP cover included in the comprehensive policy at no extra premium | no | „Sofern zusätzlich ein entsprechender Schutz (GAP-Deckung) vereinbart worden ist …“ | A.2.5.1.9.1, page 20 |
| Fully comprehensive cover is a precondition | yes | „Voraussetzungen für die GAP-Deckung: Es besteht eine Vollkasko.“ | A.2.5.1.9.2, page 20 |
| Partial cover is sufficient (theft, fire, natural hazards) | no | „Voraussetzungen für die GAP-Deckung: Es besteht eine Vollkasko.“ | A.2.5.1.9.2, page 20 |
| Comprehensive policy must be held with the same insurer or intermediary | yes | „Sofern zusätzlich ein entsprechender Schutz (GAP-Deckung) vereinbart worden ist …“ | A.2.5.1.9.1, page 20 |
| Leased vehicles covered | yes | „Sofern zusätzlich ein entsprechender Schutz (GAP-Deckung) vereinbart worden ist …“ | A.2.5.1.9.1, page 20 |
| Loan financed vehicles covered | yes | „Bei kreditfinanzierten Fahrzeugen ist Voraussetzung, dass der Kredit ausschließlich zur …“ | A.2.5.1.9.2, page 20 |
| Financing with balloon payment covered | not addressed | ||
| Cash purchase insurable (purchase price protection without financing) | not addressed | ||
| Eligible vehicle types (cars, motorcycles, motorhomes, vans) | not addressed | ||
| Used vehicles insurable | not addressed | ||
| Maximum vehicle age at inception | not addressed | ||
| Maximum insurable purchase price or vehicle value | not addressed | ||
| Leased or rented traction battery included | not addressed |
Insured event
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Total loss (destruction) as insured event | yes | „Sofern zusätzlich ein entsprechender Schutz (GAP-Deckung) vereinbart worden ist …“ | A.2.5.1.9.1, page 20 |
| Constructive total loss (repair costs above replacement value or a fixed percentage) | not addressed | ||
| Theft or loss of the whole vehicle | yes | „Sofern zusätzlich ein entsprechender Schutz (GAP-Deckung) vereinbart worden ist …“ | A.2.5.1.9.1, page 20 |
| Waiting period after theft before payment | not addressed | ||
| Benefit only if the comprehensive insurer settles the claim | yes | „Sofern zusätzlich ein entsprechender Schutz (GAP-Deckung) vereinbart worden ist …“ | A.2.5.1.9.1, page 20 |
| Benefit also when a third party liability insurer pays the total loss | yes | „Etwaige Ersatzleistungen eines gegnerischen Haftpflichtversicherers werden angerechnet.“ | A.2.5.1.9.1, page 20 |
| Benefit for repairable damage (no total loss) | not addressed |
Benefit and calculation
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Basis for leasing: settlement value under the lease contract | yes | „Im Schadenfall ist es erforderlich, dass der Leasing- oder Kreditgeber eine Berechnung …“ | A.2.5.1.9.2, page 20 |
| Basis for loans: outstanding balance on the date of loss | yes | „Sofern zusätzlich ein entsprechender Schutz (GAP-Deckung) vereinbart worden ist …“ | A.2.5.1.9.1, page 20 |
| Payment of the difference to replacement value or to the comprehensive settlement | yes, up to the sum insured | „Sofern zusätzlich ein entsprechender Schutz (GAP-Deckung) vereinbart worden ist …“ | A.2.5.1.9.1, page 20 |
| Payment of the difference to purchase or list price (return to invoice, new for old) | not addressed | ||
| Duration of purchase price or new value indemnity | not addressed | ||
| Maximum benefit of the GAP cover | not addressed | ||
| Cap at a percentage of replacement value, purchase price or list price | not addressed | ||
| VAT is reimbursed | not addressed | ||
| Deductible of the comprehensive policy is reimbursed | no | „Ein vorhandener Restwert des Fahrzeugs sowie eine vereinbarte Selbstbeteiligung in der …“ | A.2.5.1.9.1, page 20 |
| Separate deductible within the GAP cover | not addressed | ||
| Salvage value is deducted | yes | „Ein vorhandener Restwert des Fahrzeugs sowie eine vereinbarte Selbstbeteiligung in der …“ | A.2.5.1.9.1, page 20 |
| Initial lease payment or deposit is taken into account | not addressed | ||
| Extra benefit for replacement (registration, delivery, allowance) | not addressed | ||
| Payment made directly to lessor or lender | not addressed |
What reduces the benefit
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Arrears and default interest not covered | yes | „Nicht erstattet werden bereits vor dem Schaden fällige Raten und Verzugszinsen.“ | A.2.5.1.9.1, page 20 |
| Excess mileage and wear charges not covered | not addressed | ||
| Early termination and administration fees not covered | not addressed | ||
| Financed extras (insurance premiums, warranty, servicing) not covered | not addressed | ||
| Deduction for unrepaired previous damage | not addressed | ||
| Reductions of the comprehensive settlement not made up | not addressed | ||
| Limited to customary lease or loan terms | yes | „Leasing- oder Kreditvertrag wurde auf der Grundlage marktüblicher Zinsen und Laufzeiten …“ | A.2.5.1.9.2, page 20 |
| Reduction if the comprehensive policy does not pay full replacement value | not addressed |
Exclusions
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Waiver of the gross negligence defence | not addressed | ||
| Intent excluded | not addressed | ||
| Driving under the influence excluded | not addressed | ||
| Unlicensed or unauthorised driver excluded | not addressed | ||
| Racing and track driving excluded | not addressed | ||
| Taxi, hire car, driving school and rental use excluded | not addressed | ||
| Embezzlement and fraud excluded | not addressed | ||
| War, civil unrest and nuclear energy excluded | not addressed | ||
| Subsidiary to other insurance | not addressed |
Duties after a loss
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Deadline for notifying a claim | not addressed | ||
| Documents to submit (lease or loan contract, settlement statement, casco settlement) | yes | „Im Schadenfall ist es erforderlich, dass der Leasing- oder Kreditgeber eine Berechnung …“ | A.2.5.1.9.2, page 20 |
| Police report required after theft | not addressed | ||
| Insurer's consent before disposal or sale of the wreck | not addressed | ||
| Payment period after assessment | not addressed |
Term and contract
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Term linked to the lease or loan contract | not addressed | ||
| Maximum term of the GAP cover | not addressed | ||
| Ends on redemption, end of contract or transfer of ownership | not addressed | ||
| Premium refund on early termination (single premium) | not addressed | ||
| Premium payment (single, financed, ongoing with the casco premium) | not addressed | ||
| Ordinary cancellation of the module or contract | not addressed | ||
| Vehicle change or transfer to a successor vehicle | not addressed | ||
| GAP cover continues after a change of comprehensive insurer | not addressed | ||
| Territorial scope (Europe, green card countries) | not addressed |
Spain specifics
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Indemnity at new value (valor a nuevo): years from first registration | not addressed | ||
| Enhanced market value after the new value period (valor venal mejorado) | not addressed | ||
| New value only for the first owner | not addressed | ||
| Clause in favour of the lender (loss payee, retention of title) | not addressed |
Evaluated by NAMMERT from published policy wordings.
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legally only the wording of your own contract in the edition stated there applies.
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Policy wordings and provider
- Legal entity
- Distribution
- through tied agents
- Toyota Kundeninformation 04/2025 Edition: Bedingungen 04/2025 (KB 105/04.25) Copy hosted by an intermediary, not by the insurer
Full text of the wording
The full text exists only in German.
It is printed on the German page for Toyota Versicherung Gap Deckung and available as plain text.
Volltext Toyota Versicherung Gap Deckung GAP-Versicherung · As text (Markdown) Toyota Versicherung Gap Deckung GAP insurance