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RTI GAP Insurance
RTI GAP insurance is a form of insurance that Quotezone can help you find to protect the invoice value of your new vehicle. Buying a vehicle and opting for basic third party or comprehensive insurance will only recoup the book value of the vehicle if it is written off. Quotezone can find you the best and cheapest quotes using our online system. We work with UK brokers and insurance providers to find you a cheap, high quality RTI GAP insurance policy.
Is RTI GAP insurance different from comprehensive insurance?
If you buy a car on H.P., lease a car or take out a loan for car finance, the vehicle will depreciate in value, while the loan you took out will still remain the same. There is then a deficit between the price you paid and the actual value of the vehicle–known as the book value. If you have an accident and have to claim for total loss, your fully comprehensive policy will only pay you the book value, rather than the invoice price. RTI GAP insurance offers coverage to recoup the whole price paid, therefore protecting your loan amount and covering the deficit. RTI GAP insurance gives new car owners complete peace of mind.
Is Quotezone regulated?
Quotezone only work alongside FCA regulated insurance providers within the UK.