VRI Gap Insurance is the newest type of Gap Insurance in the UK today. We hope that we can provide you with all the knowledge you need on Vehicle Replacement Insurance, however, there are other types of Gap Insurance that you may want to know about.
We will give you a brief rundown on other types available
Types of Gap Insurance
Finance Gap Insurance – will cover the difference between the vehicle value and the outstanding finance settlement.
Contract Hire Gap Insurance – will cover between the vehicle value and the outstanding rental settlement required by the leasing company.
Return to Invoice Gap Insurance – will cover between the vehicle value and the original invoice price you paid.
Agreed Value Gap Insurance – will cover the shortfall between you vehicle value and its value on the day you bought the gap insurance policy.
These are a selection of other types of Gap Insurance you can buy, other than Vehicle replacement Insurance that we champion.
There are different aspects that each of these types of Gap cover, and in many cases they can be more suitable than VRI Gap for the customer. It is importnat that you take time to research your curcumstances, and find the best solution for your needs.
Where to find the best Gap Insurance solutions?
We have long advocated the internet for sourcing the best gap insurance policies, at the best prices possible. You can save up to 80% of your motor dealer policy premium price by looking to an online Insurance broker for cover.
However, before you get to that stage, you need to make your mind up as to which types of cover you want. If you have questions on gap protection, then call one of the online specialists on Google , they will be able to assist you on what may be best for you.
We still think that will be Vehicle Replacement Insurance, but hey we could be wrong!