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We are pleased to feature our recommended partner, GAP Insurance Online, who will provide you with a very favourable figure based on their links with us, if your car is under 6yrs old at the start of your Combined RTI GAP Insurance..
You don’t need to buy a car from us to take advantage of this for your own car, as long as it is under 6yrs old.
Click on either of their banners on their page to go and get a quote to suit your needs!
Combined RTI Gap Insurance : in the unfortunate event that your car is deemed a total loss (write off) following an accident, fire or theft by your motor insurer, pays you the difference between the original purchase price of your car and the written off settlement paid to you by your motor insurer or, if greater, the amount you require to settle your finance agreement (where applicable).
This means that you gain the benefit of both Financial Shortfall GAP insurance and Return to Invoice GAP insurance all in one product. Combined RTI GAP insurance ensures that you aren’t affected by depreciation or finance early redemption charges if your vehicle becomes a total loss.
Statistically, in the UK, new cars depreciate by 40% to 75% over the first 4 years. (Based on an averaged sample taken from the Whatcar depreciation index, June 2008)
What position would you be in if your motor vehicle is deemed a total loss?
Protection for your car purchase
Combined RTI GAP insurance ensures that you aren't affected by depreciation, or finance early redemption charges, if your vehicle becomes a total loss.
If you have purchased your car on finance
Combined RTI GAP Insurance will cover any shortfall in your loan settlement which will give you money towards your next car.
If you are a cash buyer
Combined RTI GAP Insurance will provide a means of replacing the difference between the amount you paid for your car and your insurance settlement. There will be no need to use your savings to purchase a replacement car of the equivalent standard.
If you are leasing a car
Combined RTI GAP Insurance may cover any shortfall in the lease early settlement amount and give you money towards your next car (For leasing contracts the payout is based on the vehicle invoice price and will only include early termination fees where the total falls below this level).
Features
- · 2, 3 or 4 years cover
- · Covers shortfalls of up to £20,000
- · Cover for new and used vehicles up to 6 years old
- · Claims processed quickly to help you purchase a replacement vehicle
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