GAP Cover | Shrewsbury, Telford | TJ Vickers
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COMBINED GUARANTEED ASSET PROTECTION/ RTI

What is Combined GAP/RTI insurance?

Combined GAP/RTI insurance stands for Guaranteed Asset Protection Insurance. It can also be referred to as RTI, Return To Invoice Insurance.

If your vehicle was written off as the result of an accident, fire or theft, most insurance companies would only pay the current market value of the vehicle, and not the market value when you purchased your car.

How Can This Help Me?

Having Combined GAP/RTI insurance would help you fund your replacement vehicle if your car was unfortunately written off. For example, if a vehicle costing £10,000 was written off after 12 months, most insurance companies would pay out the current market value, which might only be £8,000. If you wanted to then replace your vehicle, you would have to find the difference if you paid cash. However, if you had taken out a finance agreement to pay for your vehicle, then you could find that the amount received from your insurance company was less than the amount you still owed on your finance agreement. In either event, you could be out of pocket - this is where Combined GAP/RTI insurance may save you thousands of pounds.

If you would like to find out more about Combined GAP/RTI insurance please contact our sales department at either branch for further information and our price. Policy exclusions and limitations may apply - please ask for details. TJ Vickers & Sons Limited is an Appointed Representative of AutoProtect (MBI) Limited which is authorised and regulated by the Financial Conduct Authority, (their reference number is 312143) and which is permitted to advise on and arrange general insurance contracts.

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  • Disclosure:
    T J Vickers & Sons Limited t/a T J Vickers is authorised and regulated by the Financial Conduct Authority. FRN 688223. We are a Credit Broker not a Lender and can introduce you to a limited number of lenders.

    We typically receive a fixed commission calculated by reference to the vehicle model or amount you borrow, for introducing you to a lender but this does not affect the interest charged on the agreement, all of which are set by the lender. Our manufacturer supporting finance partner also provides preferential rates to us for the funding of our vehicle stock and financial support for our training and marketing.

    T J Vickers and Sons Limited is an Appointed Representative of AutoProtect (MBI) Limited for Insurance Distribution activities. AutoProtect (MBI) Limited is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 312143. Our permitted business is arranging general insurance and finance products. You can check this on the FCA Register by visiting www.fca.org.uk

    Reg Office:
    TJ Vickers & Sons Ltd – Trench Road, Trench, Telford, TF2 6PL. Reg. Company Number: 1636071 VAT Reg. No. 160 5726 73