Category: Replacement Gap Insurance
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The Perils Of New-For-Old Cover. v.2
Lots of motor insurance policies claim to include cover for a brand new vehicle on a new-for-old basis during the first year of ownership. In theory this means that if your car is written off during the first year of ownership, your motor insurer will physically replace your vehicle with a brand new one. What…
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How fast do we pay GAP insurance claims?
A number of our competitors make a song and dance about how they guarantee to settle claims within X number of days… recently we’ve had a motor dealer tell one of our potential customers that we take 30-days to settle a claim – in a poor attempt to justify the hundreds of pounds more that…
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FREE GAP insurance for £824?!
We’re often telling people to be wary of a Motor Dealer offering Free GAP insurance. In return we’re often laughed at by people who believe we’re just being alarmist with a view to lining our own pockets. But it really is the case that Free GAP insurance from a Motor Dealer should be approached with…
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The Perils Of New-For-Old Cover
A NEWER VERSION OF THIS ARTICLE IS NOW AVAILABLE. CLICK HERE TO SEE IT. It’s now becoming fairly common knowledge that many car insurance policies incorporate New-For-Old cover for a brand new vehicle until it reaches 12 months old. In principal this means that if your car is declared a Total Loss (written off) and…
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Improved Replacement GAP Insurance Policies.
In the event of your vehicle being declared a Total Loss (written off) due to accident, fire or theft, your Motor Insurer will only pay you what they think the vehicle is worth at the time of loss. Replacement GAP insurance will then pay the difference between your Motor Insurance payout and what it would…
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Renewable 1, 2, 3, 4 or 5 Year GAP Insurance Policies!
In what we believe is genuinely a UK first for GAP insurance, we’re formally announcing today that if you buy a 1, 2, 3, 4 or 5-year Invoice or Replacement GAP insurance policy from us, when that policy approaches expiry we’ll give you the option of extending/renewing the policy for another one or in some…
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UPDATED – How Do Our Gap Insurance Policies Compare to those from our competitors?
We are repeatedly asked how our policies compare to those available from our competitors and whilst we know our policies (and most of our competitor’s policies) inside out, we recognise that it can be a bit of a minefield to the uninitiated. With this in mind, on June 23rd 2013, we spent a considerable amount…
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ABI publishes their (confusing?) “Guide To Making Sense of Gap Insurance”
Today we were alerted to the fact that the ABI (Association of British Insurers) had recently published a “Guide To Making Sense Of Gap Insurance”. Given the recent wider industry focus on Gap Insurance by the likes of Which? and Defaqto, we were eager to discover the ABI’s take on this form of Insurance. The…
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Which? Recognise GAPinsurance.co.uk
In March 2012, the consumer’s champion Which? published a guide to Gap Insurance. Their guide compared some basic policy features of a number of policies from various online providers of Gap Insurance and even included a suggestion of how their policies might stand up against some Gap Insurance policies offered by Motor Dealers. Given that…
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Sale Extended to April 30th!
Following on from the recent improvements we made to our Gap Insurance policy terms and conditions, we were inundated with requests to extend our sale (providing Gap Insurance savings of up to 60%). Apparently, it was unfair that we should introduce what are now arguably the best Invoice and Replacement Gap Insurance policies available in…