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GAP Insurance questions
Hi folks,
Just got a couple of questions on GAP insurance if anyone can assist?
Got my new car at the weekend and the salesman was not pushy about GAP insurance but did talk to us about it. I had already looked online for quotes so knew what was what... my question is though:
I have my car on a 2 year PCP. If it was written off tomorrow and I ended the PCP agreement then I would have to pay penalties for ending the PCP early.
Would the GAP insurance cover these penalties also? Because I can imagine they would be quite big if ending the PCP a year and a half early.
Thanks
Just got a couple of questions on GAP insurance if anyone can assist?
Got my new car at the weekend and the salesman was not pushy about GAP insurance but did talk to us about it. I had already looked online for quotes so knew what was what... my question is though:
I have my car on a 2 year PCP. If it was written off tomorrow and I ended the PCP agreement then I would have to pay penalties for ending the PCP early.
Would the GAP insurance cover these penalties also? Because I can imagine they would be quite big if ending the PCP a year and a half early.
Thanks
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