What type of GAP insurance?

Soldato
Joined
5 Aug 2003
Posts
8,412
Location
Essex
Just been looking at GAP insurance quotes and I can't tell the difference between these two:

Vehicle Finance Gap (VFG) If a large proportion of your vehicle is funded by finance you could end up owing the finance company more than your insurance settlement. This policy covers the GAP

Combined Return To Invoice Covers the gap between your insurance settlement and what you paid for your vehicle, or your outstanding finance balance.


The VFG is substantially cheaper (£110 vs £250) but as far as I can see they both do the same thing, I just want to be covered so that if my car is written off the outstanding PCP finance will be cleared.
 
Soldato
OP
Joined
5 Aug 2003
Posts
8,412
Location
Essex
Nevermind, I got to the bottom of it. VFG pays out the difference between the outstanding finance and the insurance settlement.

The combined one pays out the difference between the outstanding finance or the original invoice and the insurance settlement, whichever is higher.
 
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