Return to Invoice Gap Insurance is arguably the most well known style of Gap Insurance in the UK today. If your motor dealer has spoken to you about ‘gap insurance’ it is likely that it is RTI Gap Insurance you have been talking about.
Return to Invoice Gap Insurance will simply cover you between the market value of your vehicle and the original invoice price you paid.
This means that you can protect the value of your original investment for a number of years into the future, in the event the vehicle is written off by your insurance company.
Why would RTI Gap Insurance be a good choice for you?
So as you can see, by investing in a Return to Invoice Gap Insurance policy, you can protect the one aspect that your motor insurance may not……depreciation.
Return to Invoice Gap Insurance is usually offered by motor dealers for a maximum of 3 years. Here is where looking to an online specialist broker can offer you more flexibility and choice. Aequitas Automotive Ltd can offer up to 5 year RTI Gap Insurance protection for cars, vans, motorbikes, motorhomes, driving schools and private hire taxi’s. In uncertain economic times, we feel that vehicle owners may look to keep their vehicles for an extended period, and that up to 5 years is a good option to have.
Are there any major differences between the policy futures offered by EasyGap and GapInsurance123? As always there are a few, yet significant differences that may sway your decision one way or another. Here we highlight a few for you.
EasyGap Return to Invoice Gap Insurance cover is available for vehicles up to £240,000 on a non transferable basis, and up to £125,000 on a transferable basis. EasyGap RTI Gap Insurance can also offer up to £50,000 claim limits, as well as cover manufacturers such as Aston Martin ( which is rare in the UK). Standard EasyGap RTI Gap cover can cover cars, vans, motorhomes and motorbikes. There are specialist EasyGap RTI policies for taxi’s, driving schhols and for a deferred start date.
GapInsurance123 Return to Invoice Gap Insurance can be purchased for up to 5 years, the longest period for a stand alone policy in the UK today. The GapInsurance123 policy can also cover the cost of ’dealer supplied ‘ items such as Paint Protection and non transferable warranty items. GapInsurance123 return to invoice cover can be purchased for cars, vans, motorbikes, motorhomes, taxi’s and driving schools. You can even defer the start date for up to 12 months if you have replacement cover on your own motor insurance, and this is free of charge!
Return to Invoice Gap Insurance as easy as 1-2-3!