Recent content by EDRIAT

It'd be worth checking as to whether they're both quoting you for the same type of GAP insurance cover. It's not impossible that the dealer is offering you what's commonly known as "Invoice GAP insurance" whilst the finance company might only be offering you the inferior "Finance GAP...

When getting a quote, www.gapinsurance.co.uk ask for the price you paid for your vehicle AFTER any discounts that you may have received but before the addition of any finance/interest charges etc - the price on windscreen, as you put.

They're the broker. The underwriter is a company called, "Acasta European Insurance" - based in Gibraltar.

There have been three GAP insurance underwriters go "pop" in the last 2-3 years.... two of which were in Gibraltar (Enterprise Insurance & Elite Insurance) and one of which was in Denmark (Alpha insurance) - the latter of which was just recently. In the case of Enterprise & Elite I believe...

Anyone considering not having GAP insurance in the first year in favour of relying on their motor insurer's "new car replacement cover" instead, needs to take care to research it thoroughly. Not all motor insurers are equal in their cover of a brand new vehicle on a new-for-old basis. A few...

Neither company charge fees if you're transferring the balance forward to another policy on a new vehicle. But if you're not requiring a new policy on a new vehicle (in my case, I previously replaced a car I owned with a company car but, you might for example find a new policy with better cover...

www.gapinsurance.co.uk for me - better upfront pricing and almost identical terms and conditions as ALA although gapinsurance.co.uk don't charge cancellation fees if you cancel early and want the unused amount to be refunded, ALA do. I went for Replacement GAP insurance

It's not usually about a physical replacement vehicle at the time of claim with Replacement GAP insurance, rather that the figures used to calculate the "gap" to be paid will be based on the what it *would* cost to buy the same vehicle again. In short, you'd normally just receive a larger...

Definitely avoid buying it from the dealer... £500 is absurd, though your posts suggests it might have been £500 per year!!? If that's the case £500 per year is outrageous! If the vehicle is brand new, you should really look at Replacement GAP insurance rather than Invoice GAP insurance (the...

The gapinsurance.co.uk policy wordings permit the value of a replacement vehicle to be derived from any superseded equivalent vehicle at the time of claim if necessary and, I’m told, involves their claim administrator contacting dealers initially within a 50-mile radius of the policyholder’s...

Are you sure? Of the ones I've seen the 80,000 mileage limit only applies at the time of buying the policy. E.g. you can't buy GAP insurance if the car has already travelled 80,000 miles or more. If you're looking at a policy under which cover becomes void once your vehicle reaches 80,000...

AlnSaz likely took advantage of their price promise... they'll match any lower quote and then beat it by 20% (which sounds great, until you realise that their initial price is so much higher than almost everyone else anyway). Looking on the gapinsurance.co.uk website for what appears to be an...

www.gapinsurance.co.uk for me - better upfront pricing plus same insurer and terms and conditions as ALA although gapinsurance.co.uk don't charge cancellation fees if you cancel early. I went for replacement gap insurance over invoice gap insurance too.

That raises a good point... the finance company has to agree to the motor insurer replacing the vehicle new-for-old before they can do so. If the finance company reject the replacement car, you have to wonder whether the motor insurer will pay out the cash equivalent of a new vehicle (though...

good job - That you have it in writing will certainly help your case if you're ever needed to call them out on it. It's interesting though isn't it... In the case of new car replacement cover, most motor insurance policy terms refer to you needing to be the first Registered Keeper (of which the...