Yes I've been looking into this, when it says return to invoice, do they need the exact price your paying for the car? I know roughly what I'm paying but not 100% until I collect it tonight
It helps to know exact price but if not as close as can be. Look at ALA. I went with them and used
Money10 discount code. Might still work. For mine I paid £180 with 10% discount. Vehicle Replacement Plus is the better policy.
I went for the 3 year full Vehicle Replacement Plus Policy with a max benefit of £20k (the amount required to cover difference between what your insurer will pay out and cost of replacement vehicle). By comparision VW GAP quote was massively overpriced (as always) at £299 and that is only for 'return to invoice' policy which is the lesser one.
Vehicle Replacement Plus (VRP) is what you want - gives you full price of replacement
A Vehicle Replacement Insurance policy will, in the event of a Total Loss claim, either pay the difference between the Comprehensive Insurance settlement and replacing your vehicle new for old (or with a vehicle of a similar age to the one originally bought) or the outstanding finance, whichever the greater. It is suitable for vehicles owned outright or on finance and for new and used vehicles up to 7 years old, with fewer than 80,000 miles, delivered within the last 180 days.
Return to Invoice - only gives you what you actually paid (after any discounts).
This GAP Insurance policy will, in the event of a Total Loss claim, either pay the difference between the Comprehensive Insurance settlement and your original invoice price or clear the outstanding finance, whichever the greater. It is suitable for vehicles owned outright or on finance and for new and used vehicles up to 10 years old, delivered within the last 180 days.
