Best Gap Insurance Cover?- The Three Main Gap Products!

There Are Three Main Gap Insurance Products

Buying a new car or even a used car looses you money through depreciation. Depreciation affects are taken into account when you make a claim on your car insurance should you be the victim of automotive crime or an traffic accident. Gap insurance can protect you from this happening. Return To Invoice Gap pays you the difference between the book value and the amount you actually paid for the car at the time of purchase should the worst happen. (You need to take out the policy within 90 days of purchase)

If 90 days have past or your car is under seven years old and you would still like to protect your financial investment in your car then you can buy Return To Value Gap. This is a new product that Click4gap have launched which will pay the difference between the Motor Insurer's settlement and the value of your car today. Because Click4Gap.co.uk are the insurer they can provide you with the best possible prices as opposed to buying from a car dealer who adds huge commissions before selling the same or similar products on to their new car buyers. This means that thanks to the internet you are now able to buy Return to Invoice or Return to Value Gap Insurance Policies at wholesale price from companies such as Click4Gap today!

Return to Invoice Gap

Return to Invoice Gap is great cover for new and used cars and companies like Click4Gap offer RTI to car buyers whether they paid cash or borrowed the money from a Bank or Motor Loan or even chose Contract Hire. With RTI gap you could benefit from the added protection which RTI gives you if your car is declared a "Total Loss" by your car insurer.

The idea with RTI GAP insurance is that you get back the amount you paid for the car the day you purchased it because Return to Invoice Gap Insurance pays the difference between the your Motor Insurers settlement and the original amount you paid for your car.

Return To Value Gap Insurance.

Suitable for the majority of car owners Return to Value Gap Cover can be taken out up to 7 years after buying your car! Return to Value Gap covers Private or Dealer/Broker sourced cars and is available if you paid cash or took out any kind of loan. RTV is even available if you have a contract hire or leasing agreement.

RTV therefore helps you get back the Value of your car because RTV pays the difference between the Motor Insurer's settlement and the value of your car today. Therefore RTV pays you the depreciation if your car is a total loss.

Vehicle Replacement Gap Insurance

Vehicle Replacement Gap Insurance is another type of Gap Insurance Policy which in the event of your vehicle being written off, will pay back to you the difference between your Car Insurance Companies payout and the equivalent cost of replacing the your car new for old. Even if the replacement car is more expensive than the original price you paid for it. Naturally you are often able to get this type of Gap insurance for not only cars, but also 4wd and MPV's too. Specialist insurers may also cover motorcycles and perhaps even commercial vehicles too.

It is recommended that you contact the Gap insurance suppliers directly should you need clarification on the products they supply and if you feel that not all your questions are answered on their web sites then also give them a call and clarify anything you need to before you buy.