GAP Insurance (again)

mintster

OK - getting my new car on Saturday under the scrappage and I think that Gap insurance is a good ides (obviously not from the dealer).

Have been ringing around and it seems that RTI GAP will only return you to the invoice price paid (list price - scrappage) rather than the total invoice price before any scrappage discounts.

On this basis it looks like vehicle replacement will be the best bet but.........can anybody recommend a good insurer????

Just to make sure I understand this correctly VRI pays out the difference between my insurers valuation and the cost of a new car (same make / model) should it get written off.

Thanks all.

mintster

Bumpy bump!

Honkycat

I'm in the same position. A lot of people seem to rate Click4gap. The VRI is a fair bit pricier than the RTI insurance though, so I'm not sure.

racey

Honkycat wrote: »

I'm in the same position. A lot of people seem to rate Click4gap. The VRI is a fair bit pricier than the RTI insurance though, so I'm not sure.

I'm not sure why it's so much pricier. It's over double for a year less cover.
I can only think that there is an inflation factor built in

mintster

http://www.car2cover.co.uk/ seem to look pretty good and yes it looks like VRI is more expensive but could be worthwhile if they will only return to the invoice price after any deductions.

dacouch

Bear in mind that in the first year of car ownership (Providing no previous registered keepers) your car Insurance normally provides a new replacement car if yours is written off (Generally repairs costs excede 60% of value for it to be written of

mintster

Yes and mine will replace like for like in the first year but I am more concerned with beyond that. With https://www.car2cover you can wait 180 days before ordering so it will overlap by around 6 months.

Honkycat

mintster wrote: »

http://www.car2cover.co.uk/ seem to look pretty good and yes it looks like VRI is more expensive but could be worthwhile if they will only return to the invoice price after any deductions.

Which type of GAP is it they're offering? Looking at the site I wasn't sure.