Lease - GAP insurance
Lease - GAP insurance
Author
Discussion

JetskiJezz

Original Poster:

664 posts

165 months

Friday 28th June 2019
quotequote all
I know this has all been discussed on various threads, I can't however see anything in the last few weeks.

My next lease car is on its way to me this morning and I want to put in place a GAP policy.
On my last two cars I think I went through ALA, but having just quote online from them this morning it seemed a little steep - So I decided to get another quote just to compare.

ALA £178
Total loss gap £115

Both of these are based on the exact same data, the car being a BMW M2 competition with a retail price of £53,000 and the deal being over two years.
For both of them I ticked the option to have up to £3000 of the initial upfront payment covered as well.

I guess my question is, has anyone dealt with "total loss gap".

AlwynMike

561 posts

116 months

Friday 28th June 2019
quotequote all
My (non-financed) car is with them.
Hopefully I won't have to find out if they're any good ☺

Company they had me with initially went bust, but with FCA rules, another one took over seamlessly.

Andy665

4,161 posts

257 months

Friday 28th June 2019
quotequote all
JetskiJezz said:
I know this has all been discussed on various threads, I can't however see anything in the last few weeks.

My next lease car is on its way to me this morning and I want to put in place a GAP policy.
On my last two cars I think I went through ALA, but having just quote online from them this morning it seemed a little steep - So I decided to get another quote just to compare.

ALA £178
Total loss gap £115

Both of these are based on the exact same data, the car being a BMW M2 competition with a retail price of £53,000 and the deal being over two years.
For both of them I ticked the option to have up to £3000 of the initial upfront payment covered as well.

I guess my question is, has anyone dealt with "total loss gap".
I have used them for my current lease car - certainly the purchase process, supply of documentation etc was very slick - would use them again