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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, is authorised and regulated by the Financial Conduct Authority in regard to Consumer Credit, our firm reference number is 688223. T J Vickers & Sons Limited is a credit broker, not a lender. T J Vickers & Sons Limited is an Appointed Representative of Autoprotect MBI Ltd for insurance distribution purposes. Autoprotect MBI Ltd is authorised and regulated by the Financial Conduct Authority, their firm reference number is 312143. You can check this 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