What is Invoice GAP insurance?
If your car is written off through accident, fire, theft or flood, Invoice GAP Insurance (commonly referred to as “return to invoice” or “back to invoice” cover) aims to pay the difference between your Motor Insurer’s Total Loss valuation of your vehicle and the higher of either the original invoice price you paid for the vehicle OR the amount outstanding on finance at the time of claim – Invoice GAP insurance is the most commonly purchased type of GAP insurance.
Subject to eligibility, it’s available for vehicles that (at the time of purchasing the policy) are less than 10 years old, that were bought from a VAT Registered Motor Dealer, within the last 90-days, for a purchase price of up to £125,000.
See “How Does Invoice GAP Insurance Work?” for more information, or click below to get a quote.