Monday, December 28, 2009

Car GAP insurance quotes

Car GAP insurance protects you if you write off your car and your insurance doesn’t pay you enough. It’s easy to get car gap insurance quotes online – we find out just how easy.

Car GAP insurance quotesFirstly, if your car is stolen or written off, GAP insurance basically covers any shortfall between what your car insurance pays out and the outstanding amount on the car finance agreement.

To get car gap insurance quotes is easy, particularly so with a number of quality online providers available now to give you an instant quote and allow you to buy there and then.

Be aware that there are a number of different GAP insurance products and different terms used, including

    * Return to invoice insurance (RTI) – pays the difference between the amount offered by you car insurance company and the amount you paid for the car
    * Vehicle replacement insurance (VRI) – provides you with a new equivalent car regardless of car price increases
    * finance gap
    * back to invoice gap
    * total loss gap
    * shortfall cover



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