GAP insurance

pc-guy · 23 Jan 2023 at 21:17

So I have read up on GAP and just want to sense check what I got is ok.

Car is on PCP - GAP I got is combo RTI. So it covers return to invoice and finance value. The wording is that the cover pays out which ever is greater - difference between insurance PO to original invoice value or the outstanding finance.

This seems to be the most sensible to me.

Quotes I got varies from £550 to £170 for a 4yr period.

Also got quote for £110 for just finance cover which I think is a bit dodgy.

I went for the £170 cover as I could not see what the difference between the various quotes are other than the monetary difference. The cover maximum claim also covers my cars invoice value. So all seem good right?

Have I missed something.

Used to Lease cars so wasn’t worried about RTI before.

Hyburnate · 23 Jan 2023 at 21:35

ALA Insurance is one of the best in my opinion and experience. But I don't think you've missed anything at all

Vanquish-Storm · 23 Jan 2023 at 21:52

If I remember right we have RTI on both our cars.

ALA is the way to go, only heard good things from them.

BUDFORCE · 24 Jan 2023 at 06:58

Probably sensible taking GAP if you are buying a new car on finance.

I could think of nothing worse if you had an accident particularly not your fault, insurance company cover the used value, or whatever, you have to stump up potential thousands to settle the finance then still go find a car.

da_mic_1530 · 24 Jan 2023 at 07:49

I always use ALA gap

Dr House · 24 Jan 2023 at 22:08

as others have said, ALA but you will find 10 to 20% discount code around