GAP Insurance

[alanshaw]

My OPC has sent through details of "return to invoice GAP insurance", for my Car it's coming out to £1019.........for 3yrs

The chances of me writing off the car would be limited as I will only be doing less than 5k miles per year, although will be taking to France in June.

Is it really worth the £1019 for a 60k Cayman ?

[alanshaw]

[quote=FourPotPorsche]Definitely take it. Do not rely on insurance companies assessments of market value and also be very careful of the small print regarding the 12 month vehicle replacement terms offered by them. Here is a quote I just run which is for ALAs (site sponsor) top GAP policy called Vehicle Replacement Plus:

Vehicle Replacement Plus
Invoice price: £60000
Max Payout: £50000
Term of cover: 3 years
GAP Premium: £340.56

Many thanks FourPot, am getting quote from ALA........another option on the car paid for !..........thx again