GAP insurance - which company to use?
GAP insurance - which company to use?
Author
Discussion

turboman786

Original Poster:

1,131 posts

218 months

Sunday 20th November 2011
quotequote all
I need to arrange GAP insurance to cover my leased 7 series

Bmw want £500 to cover the 2 year lease period but I am sure it can be had far cheaper

A quick google search has bought up a number of conpanies but none of the big names in insurance

Which company is best for this? Thanks

Tea Pot One

1,870 posts

259 months

Sunday 20th November 2011
quotequote all
My BMW dealer wanted something silly like £500 off me for 3 years £20K cover ... I told them I could get it on the internet for £210 and they matched it ... just shows that they can do it if they want !

AshBaldry

364 posts

202 months

Sunday 20th November 2011
quotequote all
£395 for 3yrs + pays out the first £250 of your excess

mistersi

129 posts

241 months

Sunday 4th December 2011
quotequote all
Go on Quidco or Money Supermarket etc. You should get it for about £200. Also if you go via Quidco you'll get some cashback too! Bonus!

bigfella

135 posts

314 months

Sunday 11th December 2011
quotequote all
Search on Money Saving Expert, I bought my gap insurance from a company reccomended by many on their forum site, can't remember the name though!! From obviously iffy memory cost was about £130 for 4 year old £20000 car.

tjlazer

875 posts

205 months

Sunday 11th December 2011
quotequote all
BMW should match or go very close to third party quotes if you get some. Oh and by the way I used it and they promptly paid out to return to invoice price on submitting the claim. Very handy for the 8.5k depreciation suffered since purchased for a mere £250!