If you have an accident and your car is written off, your car insurance will only pay out the current market value. This could be a lot less than the amount you paid for your vehicle.

Return to invoice (RTI) GAP insurance covers the difference between the exact amount you paid for your car, and your insurance payout if it is written off or stolen.

As new cars can depreciate in value by up to 70% in the first three years, GAP insurance could save you thousands of pounds.

How to find the best policy

To get the best RTI GAP insurance, use this comparison to check:

  • Cover amount: This is the maximum amount you can claim on your GAP insurance policy, e.g. up to 50,000. This comparison shows the maximum cover amount each insurer offers, so only look at those that gives you enough protection for your car.

  • Length of cover: This is how long the policy can last for, e.g. up to five years. Use this comparison to find a policy with the term you want.

  • Type of purchase covered: Some insurers only cover cars bought through dealerships. This comparison shows which policies also cover cars bought privately, so check to see which insurers can cover your vehicle.

  • Length of ownership: Most GAP insurers will only cover your car if you have owned it for less than a certain period, usually between 2 and 12 months depending on the insurer.

When you know what cover you need, compare as many RTI insurance quotes as possible to find the best policy at the cheapest price.

Return to invoice GAP insurance FAQs

Q

Should I buy return to invoice GAP insurance from the dealership?

A

No, you should compare GAP insurance quotes online first because it is usually much cheaper when you buy direct from the insurer.

Q

Which type of GAP insurance should I get?

A

It depends on how you bought your car, how much you paid and if you want a brand new replacement. Here is how to work out which is right for you.

Q

When can I claim on my RTI GAP insurance?

A

You can only make an RTI GAP insurance claim if your car has been declared a total loss (written off), by your car insurer first.

Q

Do I need RTI GAP insurance and car insurance?

A

Yes, you still need car insurance if you buy return to invoice GAP insurance.

Q

Does GAP insurance cover my car insurance excess?

A

Most policies will cover the excess you pay to your car insurer up to a set amount, for example 250.

Q

Can I get RTI GAP insurance if I bought my car on finance?

A

Yes, some policies are designed for cars bought on finance or lease. They will pay off anything you owe after your car insurance has paid out.

Q

Can I pay for my cover monthly?

A

Yes, but it will normally cost you more because insurers usually charge interest if you choose to pay monthly.

Q

Can I get this kind of cover for any vehicle?

A

It depends on the insurer, most cover cars, motorbikes and vans, for other vehicles you may need to speak to a broker to find cover.

About our gap insurance comparison

Q

Who do we include in this comparison?

A

We include return to invoice gap insurance policies available from our panel of insurers and brokers. They are all regulated by the Financial Conduct Authority (FCA). Here is more information about how our website works.

Q

How do we make money from our comparison?

A

We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.

You do not pay any extra and the deal you get is not affected.