Combined GAP and RTI Insurance
Losing your car...
If your car is stolen and never recovered, or written off through accident or fire, the settlement from your motor insurer could be significantly less than the original purchase price you paid.
Most motor insurers base total loss payments on the market value of your car at the time of the incident. Any depreciation since you purchased the car is potentially your loss. You could be without a car, plus the burden of paying off any outstanding finance.
Filling the GAP to keep you on the road…
In the event of a total loss claim, Return to Invoice GAP Insurance could cover the difference between your motor insurance settlement and the amount you originally paid for the vehicle, or the amount outstanding on finance, whichever is greater.
Return to Invoice GAP Insurance will complement your own vehicle insurance and provide the reassurance and financial support you need to get back on the road in a vehicle with a similar value to your original choice.
How it works
Our policies are exclusively designed to offer the reassurance you need to enjoy your vehicle, whilst protecting your investment against unforeseen incidents.
• Pay the difference between your insurance pay out and the original purchase price.
• Pay the difference between your insurance payout and your finance settlement, if this is greater then the purchase price.
• Safeguard against depreciation in the event of a total loss claim.
• Provide 3 years Return to Invoice cover and up to 5 years Financial Shortfall cover.
How long will Return to Invoice GAP Insurance last?
Cover is available for three years (depending on premium paid) in line with the finance agreement or when you sell or transfer ownership of the car, whichever is the sooner but will cease earlier upon the occurrence of any of the following events: a paid claim or the repossession of the insured car if subject to a credit agreement.