How much GAP insurance?

How much GAP insurance?

Author
Discussion

a

Original Poster:

439 posts

85 months

Wednesday 3rd May 2017
quotequote all
Getting a personal lease.

Car value: £24,305
Initial: £750
Monthly: £239 (for 23 months)

Total cost over 24 months: £6,247

ALA Insurance recommends £15,000 cover... Which I can't understand. Surely £7,500 is more than enough?

Jonno02

2,248 posts

110 months

Wednesday 3rd May 2017
quotequote all
£15,000 is a little excessive for that price point. My lease car is £32k list and I think I'm on £12k cover.