[D69GMB]

Who are you guys using for GAP insurance. Currently with ALA but they only do replacement cover for 3 years and require 4 years cover. Any advice greatly appreciated.

[spangle1980]

Originally Posted by D69GMB

Who are you guys using for GAP insurance. Currently with ALA but they only do replacement cover for 3 years and require 4 years cover. Any advice greatly appreciated.

Hmmm I always thought it was a scam, but I guess if you're thinking you may write your car off since you drive like a loon (just kidding), Admiral looks pretty cool

2years 197
3 years 257
4years 349

Insurance is always a risk eh?

Martin Lewis says insurance should cover you new for old in first year anyhow, some insurers 2. Maybe shoot for one of those?

[nickb3]

Martin Lewis’ website has a 25% discount code for ALA.

I think Admiral only offers return to invoice cover.

[D69GMB]

Not a case of writing the car off but what if it gets nicked, I would have quite a shortfall after insurance payout. Have looked at a few companies and all are much the same price and cover, was just wondering if anyone had any recommendations.

[D69GMB]

Originally Posted by nickb3

Martin Lewis’ website has a 25% discount code for ALA.

I think Admiral only offers return to invoice cover.

Yes, was looking for gap replacement cover.

[DHA-uk]

Buy it. Having had to claim due theft I would not go without again.

Insurance payout was £26k on a 6 month old car, £27k was outstanding on finance at this point. Invoice price was £35k. Best £400 i spent on that car

[Ant46]

I tried to get 4 year replacement insurance last week, not something ala currently offer. Also be aware that the most they would cover is 50k replacement.

I ended up having to get 4 year return to invoice as they will cover vehicles over 50k.

I was told they don’t do replacement cover for 4 years at the moment as the underwriter advised due to Brexit they could not be certain of the impact it will have on the value of cars - not sure how true this is.

All i do know is I got 4 year replacement cover 3 years ago for less than I’m paying for 4 year return to invoice!

I did shop around too and ala were the best deal I could get!

[teaston]

Most F30post members use gapinsurance.co.uk , there's a discount code for forum members, GAPInsurance can let you know what it is.

[Rbrown]

Originally Posted by teaston

Most F30post members use gapinsurance.co.uk , there's a discount code forum members, GAPInsurance can let you know what it is.

Another recommendation for this company.

When getting quote just say "F30 forum" and you get extra 10%.

Good insurance should you ever need it.

[verysideways]

Originally Posted by nickb3

Martin Lewis’ website has a 25% discount code for ALA.

I think Admiral only offers return to invoice cover.

Yup, MSE25, i used the code when i bought my GAP cover last October.
4 years replacement was about £300.

[D69GMB]

Originally Posted by Rbrown

Another recommendation for this company.

When getting quote just say "F30 forum" and you get extra 10%.

Good insurance should you ever need it.

Just ran a quote for Gapinsurace, came out at £390 before any discount.
That will do nicely. All I need now is the bloody 🚗.

[rearpop]

This isn't something I've considered before, thinking the it would essentially just double my insurance costs. But, it's cheaper than I imagined, and the benefit (though hopefully never needing it) is a weight off my mind.

I have nothing to add, but do want to thank you all for discussing it. It's something to attend to when my M40i arrives next month

[london_v]

I used admiral. I thought given the most stolen car in the U.K. is the X5, our machines are probably a high target too! Cost me £399 for 4 years. No brainier if you ask me

[london_v]

Originally Posted by rearpop

This isn't something I've considered before, thinking the it would essentially just double my insurance costs. But, it's cheaper than I imagined, and the benefit (though hopefully never needing it) is a weight off my mind.

I have nothing to add, but do want to thank you all for discussing it. It's something to attend to when my M40i arrives next month

Nice, what's the spec?

[Gary pa28]

Used ALA for the last few years , even when changing cars over just topped the policy up and carried on .

When I bought my policy a month or so ago , they where changing underwriters and couldn’t offer me VEHICLE REPLACEMENT , but said they would call when they where available and I could change over .

I just took out BACK TO INVOICE as it was cheaper than what dealership where charging
Hoping I’ll net need it

[rearpop]

Originally Posted by london_v

Nice, what's the spec?

Not to jack the thread, but https://x3.xbimmers.com/forums/showt...php?p=24387145 is the spec.

[london_v]

Originally Posted by rearpop

Not to jack the thread, but https://x3.xbimmers.com/forums/showt...php?p=24387145 is the spec.

Cool I got mine from TRL too. Similar spec but with 21s 😊

And yes, get gap insurance!!

[Spoonhead]

Being out the country is not so easy to shop around so just went with BMW. Not the cheapest, but just convenient.

[b19rak]

I know a few friends that have had Gap and made a claim. Very grateful they had it. I also have two work colleagues that have had new cars stolen without it. £4k to £7k shortfall in both cases to settle the finance.

[Bryans69]

I went with GapInsurance last week. Hopefully will never use it, but very helpful. One thing that did come up is that they were saying it's a lot more difficult to get after you've had the car for a year, so even if you insurance covers you for the first year, if you don't take out GAP now, could be stuffed later

[D69GMB]

Originally Posted by Bryans69

I went with GapInsurance last week. Hopefully will never use it, but very helpful. One thing that did come up is that they were saying it's a lot more difficult to get after you've had the car for a year, so even if you insurance covers you for the first year, if you don't take out GAP now, could be stuffed later

They have a page on Babybmwnet which explains a lot of unanswered queries. Will definitely be using them.Just trying to finalise a delivery date.

[teaston]

Originally Posted by Bryans69

I went with GapInsurance last week. Hopefully will never use it, but very helpful. One thing that did come up is that they were saying it's a lot more difficult to get after you've had the car for a year, so even if you insurance covers you for the first year, if you don't take out GAP now, could be stuffed later

It's so little difference between 3 years deferred a year, and 4 years I just took out the 4 years cover without bothering to check if my insurance company does replacement in first year.