Return to invoice Gap review
By Simon Miller
Article 3 of 5
Return to invoice Gap review
Find out how much return-to-invoice Gap insurance costs. Our table compares policies from third-party insurers.
Return-to-invoice Gap insurance tops up the payout you receive from your car insurer to the amount you paid for the vehicle. For example, if you bought a Ford Fiesta Studio for £8,745, but a year later had an accident and received only £5,000 from your car insurer, your return-to-invoice Gap insurance policy would pay the difference, minus your excess.
Many providers also offer finance Gap insurance - which covers any loans you took out to pay for the car - as part of this product.
Return-to-invoice Gap insurance review
The table below shows the cost of return-to-invoice Gap insurance for three different cars bought brand new, and the features of the different third-party gap insurance policies. These include:
- Excess - how much your Gap policy will pay towards your car insurance excess
- Maximum level of cover - how much cover you can take out
- Cover availability - how long you can take out the Gap insurance for
- Age of vehicle - the age limit of the vehicle that each Gap insurer will cover
- Maximum value of vehicle that each gap insurer will cover
- Finance - whether the Gap insurance will cover your outstanding payments for your car if you bought it on finance
The premiums quoted are for a brand new car, for three years of cover. All quotes were updated in February 2016.
|How much does return-to-invoice Gap insurance cost?|
|COST OF GAP INSURANCE FOR 3 YEARS||COVER DETAILS|
Ford Fiesta Studio
|Audi Q3 TDI £33,650||Amount towards your excess||
|Cover available for (years)||Max age of vehicle (years)||
value of vehicle
|ala.co.uk||£82||£120||£181||£250||£50,000||1 to 5||10||£250,000||Yes|
|car2cover.co.uk||£93||£114||£122||£250||£50,000||1 to 5||10||£125,000||Yes|
|click4gap.co.uk||£109||£129||£252||£0||£25,000||1 to 4||7||£50,000||No|
|directgap.co.uk||£83||£114||£169||£250||ulb||1 to 5||10||£75,000||Yes|
|easygap.co.uk||£63||£84||£118||£250||£25,000||1 to 5||8||£75,000c||Yes|
|gapinsurance.co.uk||£66||£89||£108||£250||£100,000||1 to 5||10||£150,000||Yes|
|gapinsurance123.co.uk||£63||£84||£118||£250||£25,000||1 to 5||10||£75,000||Yes|
|insureandgo.com||£121||£121||£145||£250||£5,000- £15,000d||1 to 3||n/a||£50,000||No|
|motorpocket.com||£61||£77||£94e||£250||£25,000||1 to 3||8||£80,000||Yes|
|shortfall.co.uk||£64||£84||£115||£250||£50,000||1 to 5||8||£150,000f||Yes|
|Totallossgap.co.uk||£69||£92||£147||£250||ulg||2 to 5||8||£75,000||Yes|
|WarrantyDirect.co.uk||£135||£161||£161||£500||£250,000||1 to 3||8||£50,000||No|
a Outstanding finance payments for the current car - not negative equity from finance on a previous car
b No limit (up to car's initial invoice price) where car is £50,000. £30,000 otherwise.
c By phone, cover can be available for up to £50,000, and for vehicles up to £240,000
d Depends on the value of the car
e Based on a claim limit of £15,000
f Cover for more expensive cars can be arranged by phone
h Product pays out the higher of the original invoice cost or vehicle replacement cost.