School me on GAP insurance please

[M5 London]

Hi Guys,

So its my first ever brand new car and I haven't got a clue about GAP insurance.

The invoice price on the car is £80,000 after discounts etc. I am buying it on a PCP with a term of 48 months. I believe the GFV is about £30,000 if I remember correctly.

I am not sure what amount of cover I require.

Also in terms of GAP insurers I have read about ALA. Are there any others that people on here may recommend please ?

Thanks !

[M5 London]

Thanks everyone for their input here ! Very much appreciated.

Car should be at the dealers, latest on Friday 4th and I already have a number plate assigned.

Armed with all of your information I am going to try and get the best GAP insurance cover I can.

Thanks !