GAP and VRI Insurance

  • Thread starter Thread starter Viktor
  • Start date Start date

Viktor

Guest
For those of you who purchase a new Motorhome, Campervan or car, GAP Insurance (Guaranteed Asset Protection), and VRI Insurance (Vehicle Replacement Insurance), please note it is generally available for ONLY 180 Days after purchase.

So if you insure with a firm who offer GAP cover as standard and who then dump you for whatever reason after the first year, you have no chance to get this insurance elsewhere.

It happened to me with CaravanGuard who decided my yearly milage was too high to continue to insure me, and Dolmens don't do it.
ti_1319669379_9232.gif



GAP - the difference in cost between the write off value and the invoice purchase price.
VRI - the difference between the write off value and the cost to replace the vehicle at the standard you purchased including the extras.
 
SAGA pay the FULL Price if your MH is written off within the first year so not much point in buying it really. Its just yet another insurance that someone has invented that you just have to have.
 

Users who viewed this discussion (Total:0)

Back
Top