GAP Insurance - Vast Price Differences
I’ve been reviewing (Return to Invoice) GAP insurance from a number of companies for my new 335d. I’m quite perplexed as to the wide range of pricing for the same type of cover.
Quotes range from:
£198 - Car-finance.net
£212 – Shortfallcover
£240 - Hitachi Capital
£340 - Click4Gap
£475 – BMW Dealer
Are each their products Terms & Conditions so very different from each other to explain the vast range of quotes?
Does anyone have a personal experience with any of these insurers? Specifically, if you have had the unfortunate need to make a claim?
Does the old saying “you get what you pay for” apply to these companies? Or are they all much of a much ness, with some having better buying power then others?
Any help on this would be much appreciated.