Gap insurance

ALA Gap Insurance, Alloy Wheel and Dent Insurance.
JS18GTS
Posts: 19
Joined: Sun Mar 25, 2018 3:29 pm

Gap insurance

Post by JS18GTS » Mon Feb 08, 2021 3:25 pm

Hi all, so there have been a few car thefts close to home and it’s got me thinking about gap insurance. ALA have quoted me £370 for 3 years on my 2018 gts. Just wondering if many of you out there use gap insurance and is £370 a good price?

Tim H
Posts: 18
Joined: Wed Mar 25, 2020 3:42 pm
Location: South West

Re: Gap insurance

Post by Tim H » Mon Feb 08, 2021 3:38 pm

Some discount codes at the end of this article - https://www.moneysavingexpert.com/insur ... insurance/
Current: MY21 Macan S (Sapphire Blue)

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jaffacake
Posts: 388
Joined: Mon Aug 17, 2020 10:27 pm

Re: Gap insurance

Post by jaffacake » Mon Feb 08, 2021 3:58 pm

Never seen any value in it, so no.
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2018 Macan Turbo Exclusive Performance Edition with all the trimmings

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JurassicGTS
Posts: 316
Joined: Thu Jun 18, 2020 7:19 pm
Location: Sunny Dorset and Marbella

Re: Gap insurance

Post by JurassicGTS » Mon Feb 08, 2021 4:35 pm

I got 25% off using MSE25.
Came to £330 for a 4 year back to invoice on a MY18 GTS.
Personally think it's a good value product, if the car is written off in say 3 years I get back exactly what I paid for it rather than the current value, allowing me to go out and buy something much newer.
Hope I never have to use it, but one of the better insurance products and at circa £80 per year, it's about a meal out.
MY 2018 Carmine red GTS (ours)
2016 Jaguar F-Type S convertible Pearlescent white (mine)
2006 Merecedes Benz 500SL Brilliant silver (mine)
2016 Mazda CX3 Pearlescent white (dogs)

AllanG
Posts: 183
Joined: Fri Oct 02, 2020 8:00 am
Location: near Southampton

Re: Gap insurance

Post by AllanG » Mon Feb 08, 2021 5:48 pm

I also got 25% discount from ALA, and my views are the same as @JurassicMacan regarding the benefit of gap insurance.
Allan

2020 Macan S in Volcano Grey

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JohnP
Posts: 531
Joined: Wed Nov 09, 2016 4:04 pm
Location: Stroud

Re: Gap insurance

Post by JohnP » Mon Feb 08, 2021 5:51 pm

Unfortunately I can't seem to get gap insurance because my car is insured under a motor trade policy and is therefore specifically excluded.

The best I could do was buy an annual Total Loss Top Up policy which increases the total loss pay out by an additional 25% up to a maximum of £10,000. It costs me £62 a year.
Dolomite Silver Macan GTS Gen 2 (www.porsche-code.com/PLBT3XT5)
Rhodium Silver Macan GTS (sold)

JS18GTS
Posts: 19
Joined: Sun Mar 25, 2018 3:29 pm

Re: Gap insurance

Post by JS18GTS » Mon Feb 08, 2021 7:08 pm

Nice one Tim H that code just took another £40 off bringing down to £330. £110 per year for no sleepless nights seems a bargain. 👍

Beaverman
Posts: 101
Joined: Fri Jan 29, 2021 8:04 am

Re: Gap insurance

Post by Beaverman » Mon Feb 08, 2021 8:09 pm

I recommend gapinsurance.co,uk which I’d frank pickles. I was quoted £250 for 4 years back to invoice.

penport
Posts: 40
Joined: Tue Feb 25, 2020 1:05 pm

Re: Gap insurance

Post by penport » Tue Feb 09, 2021 9:40 am

Another vote for ALA - not a lot of money for peace of mind should disaster strike - plus they allow you to transfer any remaining premium to your next car.
MY18 Macan GTS Volcano ACC, PAS, Air, PASM, PSP, PSE, Bose, PDLS+, carbon heated steering wheel
2015 Macan S Sapphire PSE, PSP, PASM, K&N [sold]

jk88
Posts: 295
Joined: Sat Jan 16, 2016 8:30 am
Location: Hants

Re: Gap insurance

Post by jk88 » Wed Feb 10, 2021 7:05 am

jaffacake wrote:
Mon Feb 08, 2021 3:58 pm
Never seen any value in it, so no.
Couldn't disagree more - my son's Mini was written off by a lunatic on the wrong side of the road a few years ago. Car was getting on 3 years old, cost £18k new. Insurance paid out around £12k, ALA paid out the balance. Claim was straightforward and paid within a couple of weeks. Wouldn't be without it on any new car now.
Macan GTS - Mar 17
http://www.porsche-code.com/PH2HRSK7
Previously Macan SD

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