Gap Insurance

[Bazile]

£ 350 for GAP insurance for a three year period on a car .

Does that sound reasonable ?

TIA

[woofgang]

I asked my own insurer who don't do it but pointed out that for the first year, if the car was a write off, they would give me the full purchase price back so the cost of the gap insurance should be considered over two years and not three

[StarBeast]

No, GAP insurance doesn't do what it says on the tin, here is a relevant question on moneysaving expert that explains the problems quite well:

http://forums.moneysa...howthread.php?t=17350

[JackieVerdier]

No differences in rates of tax ( IPT ), supplier prices and volume means that you can buy on line from specialist brokers like https://gapinsurance123.co.uk/ or https://easygap.co.uk/ for a lot less. Which have just done an review on gap insurance it is worth looking at