GAP Insurance ? - Civinfo
 
LinkBack Thread Tools
post #1 of 14 (permalink) Old 4th January 2007, 01:40 Thread Starter
 
Join Date: 26th December 2006
Posts: 28
Thanks: 0
Thanked 0 Times in 0 Posts
iTrader: (0)
GAP Insurance ?

I just wondered what peoples views where on this GAP insurance ? I know that any insurance is based on the risk factor ! But I would like to know if many people thought it was worth paying the premium and what the uptake was and wether people took the Honder dealers insurance or got there own ?
RichRob is offline  
Sponsored Links
Advertisement
 
post #2 of 14 (permalink) Old 4th January 2007, 01:48
 
DanKo's Avatar
 
Join Date: 7th August 2006
Location: Midlands
Posts: 580
Thanks: 0
Thanked 0 Times in 0 Posts
iTrader: (0)
Get it(Y), It will be worth it.

Right, say your car is 15

Basically if you right off your car/ serious damage etc... your insurance will give you say? 9000 back, but with the Honda gap insurance, Honda will pay out the difference for you, so they will give you the 6000 to make up the value of the car when you got it.
DanKo is offline  
post #3 of 14 (permalink) Old 4th January 2007, 08:48
Bog
Supporter
 
Bog's Avatar
 
Car: 2016 CR-V 1.6 160 4WD
Join Date: 5th October 2006
Location: Radlett, Hertfordshire GB
Posts: 6,455
Thanks: 281
Thanked 851 Times in 676 Posts
iTrader: (34)
Eco display
I agree, get it - but don't go for the Honda policy, it's overpriced (probably to pay for the sales person's commision!) and offers few benefits.

Try searching on line, there are plenty of companies offering better cover. I went with http://www.click4gap.com after reading a very good reveiw in the paper. With them you can adjust the level of cover or even get a replacement vehicle policy.

Hope this helps.
Bog is offline  
 
post #4 of 14 (permalink) Old 4th January 2007, 09:13
Supporter
 
Car: 2009 2.2 CTS GT-T Milano Red
Join Date: 3rd January 2007
Location: Portsmouth UK ENGLAND
Posts: 185
Thanks: 19
Thanked 10 Times in 10 Posts
iTrader: (1)
Competitive

Just about to take deluivery of a 2.2 sport and whilst in the showroom was given the 'patter' about GAP insurance (apparently its a legal obligation for them to inform you??).

Anyway having done some homework it would seem to be a 'must have'...

Hondas version is overpriced (remember its underwritten by an insurance Co anyway) but this is very competitive..

http://www.gapmyinsurance.co.uk
M88RKE is offline  
post #5 of 14 (permalink) Old 4th January 2007, 10:39
Supporter
 
Join Date: 6th August 2006
Location: England ENGLAND
Posts: 2,763
Thanks: 44
Thanked 65 Times in 56 Posts
iTrader: (0)
Have a look at this previous posting.

http://www.civinfo.com/forum/showthread.php?t=791
allan40alt is offline  
post #6 of 14 (permalink) Old 4th January 2007, 12:35
Supporter
 
basegreen's Avatar
 
Join Date: 15th April 2006
Location: noitacoL
Posts: 3,005
Thanks: 3
Thanked 178 Times in 24 Posts
iTrader: (2)
Send a message via MSN to basegreen
Civinfo gets a small bonus from click4gap, which helps pay for the site.

Click one of the ads in the buyers forum to take a look.
basegreen is offline  
post #7 of 14 (permalink) Old 4th January 2007, 20:35 Thread Starter
** Thread starter **
 
Join Date: 26th December 2006
Posts: 28
Thanks: 0
Thanked 0 Times in 0 Posts
iTrader: (0)
Thanks for your comments.

I will certainly shop arround.
RichRob is offline  
post #8 of 14 (permalink) Old 8th January 2007, 14:55
 
sik2k's Avatar
 
Join Date: 8th January 2007
Location: Midlands
Posts: 110
Thanks: 0
Thanked 1 Time in 1 Post
iTrader: (0)
I had gap insurance with my Type R in 2003 which I purchased woth the car. Six months before it was up I had my car stolen and I was actually rather unclear as to what to expect from the Gap.

This particular policy stated that it would give me the value of a replacement vehicle. Rather fortuitously, I actually *made* money out of it as the only replacement vehicles were the higher specced ones and that it was paid out upon.

The Gap didn't pay out cash but gave me a mandate to authorise payment for a new car at the dealer I purchased the vehicle from. I put the money down as a deposit on a new Type R which will hopefully arrive in March.

I am not sure what would have happened if the dealer had gone bust - I'd assume they would have had to give me cash.

I have purchased another Gap policy (again the one the dealer offered)with my new car. If I have a claim this time then I only get the difference up to the invoice price of the car I purchased and not the cost of a replacement.
sik2k is offline  
post #9 of 14 (permalink) Old 20th February 2007, 08:27
Nneeaawwwwwwww
 
smb09_1999's Avatar
 
Car: BMW 320d M-Sport E90
Join Date: 15th February 2007
Location: Northumberland ENGLAND
Posts: 443
Thanks: 14
Thanked 2 Times in 1 Post
iTrader: (0)
Send a message via MSN to smb09_1999
Can you only buy gap insurance with a new car. I'm looking to buy a 1 year old Civic and this gap insurance sounds like a must have?
smb09_1999 is offline  
post #10 of 14 (permalink) Old 20th February 2007, 08:40
Banned
 
Join Date: 19th January 2007
Posts: 34
Thanks: 0
Thanked 0 Times in 0 Posts
iTrader: (0)
No, you can get GAP insurance for second had cars and yes, as said before it is a must have.
Frosty is offline  
post #11 of 14 (permalink) Old 20th February 2007, 17:58
Supporter
 
TTDegs's Avatar
 
Car: '08 2.2 NHB CRV
Join Date: 4th August 2006
Location: Cardiff WALES
Posts: 7,762
Thanks: 97
Thanked 106 Times in 97 Posts
iTrader: (3)
dunno if I'd go as far as 'must have' - it's an insurance policy at the end of the day.
If you don't think you'll ever need it, then it's your choice

However, I personally would recommend thinking long and hard about it - it's not a great deal of money for the premium, and it could save you a lot of money if you ever have a total loss claim...


to (miss) quote "Are you feeling lucky?"
TTDegs is offline  
post #12 of 14 (permalink) Old 20th February 2007, 18:12
Supporter
 
Type S Bournemouth's Avatar
 
Join Date: 4th October 2006
Location: Bournemouth
Posts: 1,040
Thanks: 0
Thanked 3 Times in 3 Posts
iTrader: (0)
Send a message via AIM to Type S Bournemouth Send a message via MSN to Type S Bournemouth
with the kind of luck i get its almost a must have for me!!!!
Type S Bournemouth is offline  
post #13 of 14 (permalink) Old 24th March 2007, 20:06
 
Blueberry's Avatar
 
Join Date: 8th December 2006
Location: Cottingham, Nr Hull East Yorkshire
Posts: 27
Thanks: 3
Thanked 8 Times in 2 Posts
iTrader: (0)
Intersted in getting GAP insurance but wondered if you had to pay the premium as a one off payment or whether you can pay monthly (like normal car insurance, etc)?
Blueberry is offline  
post #14 of 14 (permalink) Old 18th December 2009, 18:35
 
Join Date: 18th December 2009
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
iTrader: (0)
I think you have to pay it generally up front though not sure

one thing I do know is you should shop around and go online, don't take it direct from the dealer - I saw this on TV the other week, so when I shopped around - I found this site which explains it all and funnily enough has the said clip from the TV program I saw:

Gap Insurance ALA.co.uk
daveash is offline  
Reply

  Civinfo > All Civics > Insurance

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Civinfo forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Your User Name is the name that appears by all your posts on the forum, and so should not be your email address.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Similar Threads
Thread Thread Starter Forum Replies Last Post
Gap insurance caz1562 Insurance 59 12th October 2009 09:35
Insurance WonkySights Insurance 119 9th March 2009 20:24
Insurance Insurance Rip! Obo Bugs, faults and irritations (8G) 5 1st June 2007 18:15
Gap Insurance LNT Insurance 9 6th April 2007 16:49
Insurance Car Insurance rip-off Fedorov Bugs, faults and irritations (8G) 51 4th March 2007 00:12

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome