Gap insurance

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Jimmer
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Gap insurance

Post by Jimmer » Tue Dec 16, 2014 7:12 pm

Hi.

I bought a new m135i in March from lloyds bmw Carlisle. I got 3yrs rti gap insurance through the dealer, I have just traded it in for another new one which I bought in aberdeen. Now I understand that gap isn't transferable and I will get a quote from yourself but what happens with my current policy?

Regards
Jim
Black f21 M135i, auto, business nav, folding mirrors, electric seats, HK sound, sun protection, driver comfort pack,black panel display
Previous: eb f21 M135i manual.

GapInsurance.co.uk
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Re: Gap insurance

Post by GapInsurance.co.uk » Tue Dec 23, 2014 9:30 am

Jimmer wrote:Hi.

I bought a new m135i in March from lloyds bmw Carlisle. I got 3yrs rti gap insurance through the dealer, I have just traded it in for another new one which I bought in aberdeen. Now I understand that gap isn't transferable and I will get a quote from yourself but what happens with my current policy?

Regards
Jim
I'm sorry Jim, I wasn't notified of your post... just stumbled across it.

You'd need to check the terms of your GAP insurance policy. Whilst it won't be transferrable, upon cancellation you will likely be entitled to a pro-rata rebate of unused premium, from which they'll deduct a cancellation fee which is normally to the tune of £35-£50.

Best wishes

David
Invoice, Replacement & Contract Hire GAP Insurance quotes at up to 85% less than your Motor Dealer
T: 01484 490095 E: support@gapinsurance.co.uk W: gapinsurance.co.uk F: facebook.com/gapinsurance

GapInsurance.co.uk
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Re: Gap insurance

Post by GapInsurance.co.uk » Thu Aug 06, 2015 8:11 am

How did you get on with this Jim?

David
Invoice, Replacement & Contract Hire GAP Insurance quotes at up to 85% less than your Motor Dealer
T: 01484 490095 E: support@gapinsurance.co.uk W: gapinsurance.co.uk F: facebook.com/gapinsurance

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