We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Return to invoice insurance

Hello,

Just a quick question. I bought a car 3 years ago from a dealer who also arranged my finance, this is for 4 years. You know how it is, excited on the day of picking up the car, sign the docs and drive off into the sunset.

Well, I was just going through my filing cabinet and was perusing paperwork prior to shredding. Whilst doing so I noticed I had RTI (GAP Insurance) included in the transaction and did not know it.

I rang the dealer and they said I signed the document and must have known. The documents are unclear, carbonated paperwork so this is questionable, but more to the point I have been advised that the RTI insurance is not fit for purpose as it is only for 3 years and the loan is for 4 years so in affect this have been mis-sold. Does anyone have any advice on this one? :(

Comments

  • di3004
    di3004 Posts: 42,579 Forumite
    Hi there

    I am aware there are a few on here who have had GAP insurance, so hopefully they will post up soon and explain on what this insurance entails, but otherwise ask for a copy of the policy and they should send a free copy in the post.

    Take it from there.;)
    The one and only "Dizzy Di" :D
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.