Our Return To Invoice Gap Insurance plan covers the shortfall between the original invoice cost of your car and the insured value (what the car insurance company value your vehicle at), up to your claim limit.
The claim limit represents the shortfall between the car insurance settlement and the invoice price.
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- You buy a Renault Scenic for £11,995
After 15 months the car is involved in an accident and the vehicle is declared a write off.
The car insurance company payout is £8,900
The Return To Invoice Gap Insurance policy pays the £3,095 shortfall between what the insurance company pays out, and the original value of the car. *Subject to your claim limit £15,000. The payout £3,095 is the claim in relation the RTI GAP
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Eligibility Summary
You are only eligible for GAP Insurance if...
- You are the registered keeper and owner of the vehicle, plus have fully comprehensive car insurance on the vehicle for the life of the policy
- Your vehicle is less than 7 years old and has covered less than 80,000 miles
- Your vehicle does not exceed the value of £75,000
- Certain vehicles and usages are excluded from cover. See full terms and conditions of the policy
