Gap insurance

pjs · 11-24-2011, 01:50 PM

Forgot to get some for the Merc, any recommendations please?

quattrogmbh · 11-24-2011, 01:58 PM

surprisingly, the best rate I was able to get was from a Mercedes Dealership in Ipswich.

189GBP for 3 years, 20K gap coverage. Underwritten by Lancaster I think.

rogerxp · 11-24-2011, 02:06 PM

Don't you get 28 days after purchase to still take it up??

pjs · 11-24-2011, 02:35 PM

The contract hire T&C's don't insist I take it out, however it does say I'm responsible for making up any difference between an insurance payout and the loss value to Mercedes in the event of a total loss (or something like that).

Boyd1963 · 11-24-2011, 03:34 PM

I found these guys to be very competative and their service seems to be very good although I have not made a claim yet!

http://www.ala.co.uk/

sheps · 11-24-2011, 04:25 PM

Another recommendation for ALA from here too.

chris_s1 · 11-24-2011, 07:04 PM

http://www.car2cover.co.uk

Just bought a policy to cover my wife's new Qashqai - 2 years cover, up to 10k for £75

creepy coupe · 11-25-2011, 02:08 AM

Quote:

Originally Posted by sheps

Another recommendation for ALA from here too.

+ Me. I only had to pay £149 for 2 years on the M3.

rich1068 · 11-25-2011, 04:02 AM

Went with Ala too after recommendations on here.

xenon · 11-25-2011, 04:08 AM

ALA for me too.

sheps · 11-25-2011, 04:32 AM

If your car is supplied via mercedes corporate you need to make sure the level of cover you have in place will meet the total value of the outstanding payments in the event of a total loss - this is what Mercedes will come after you for.

Hence, with my payments at £750+VAT, I needed £30k cover to make sure if I had a total loss on day one of the lease I had sufficient cover to meet the demand Mercedes would place on me (35 months at £900 = £31,500.00)

M3-FAST · 11-25-2011, 04:32 AM

Used ALA a few times, have it running presently on the Passat CC

I showed BMW the quote from ALA and they virtually matched it (reduced from the £450 'recommended retail price')

creepy coupe · 11-25-2011, 04:40 AM

I fired the question of how much cover I need to ALA. Informing them it was a leased car and how much the payments were. you can do this via their " live online help" All the conversations were recorded text wise and a copy sent to my mailbox. That way any mistakes have comeback.

11-24-2011, 01:50 PM	#1
pjs Colonel 274 Rep 2,774 Posts Drives: i8 Join Date: Oct 2008 Location: NORTH iTrader: (1)	Gap insurance Forgot to get some for the Merc, any recommendations please?
	Appreciate 0 Tweet Quote

11-24-2011, 01:58 PM	#2
quattrogmbh Captain 23 Rep 635 Posts Drives: BMW Join Date: Apr 2007 Location: Location iTrader: (0)	surprisingly, the best rate I was able to get was from a Mercedes Dealership in Ipswich. 189GBP for 3 years, 20K gap coverage. Underwritten by Lancaster I think.
	Appreciate 0 Quote

11-24-2011, 02:06 PM	#3
rogerxp Major General 165 Rep 5,950 Posts Drives: M3 Comp Pack / QQ+2 Tekna Join Date: May 2008 Location: Stockport, Cheshire iTrader: (1) Garage List 2008 350Z GT Roadster [2.00] 2004 Honda S2000 [0.00] 2005 Nissan 350Z GT ... [0.00] 2006 E92 BMW 335i SE [9.00] 2003 Maserati 4200 [6.00] 2006 E90 330d M Sport [0.00]	Don't you get 28 days after purchase to still take it up?? __________________ Current -: MW E92 M3 Competition Pack / Qashqai+2 Tekna 1.6dci Gone -: 370Z GT Roadster; BMW X3 3.0d xdrive M Sport; E46 330i M Sport Coupe; Mazda RX8 231; Nissan 350Z GT Roadster; BMW E90 330d M Sport; BMW E92 335i SE; Maserati 4200; Nissan 350Z; Honda S2000; Astra Coupe Turbo; Ford Probe
	Appreciate 0 Quote

11-24-2011, 02:35 PM	#4
pjs Colonel 274 Rep 2,774 Posts Drives: i8 Join Date: Oct 2008 Location: NORTH iTrader: (1)	The contract hire T&C's don't insist I take it out, however it does say I'm responsible for making up any difference between an insurance payout and the loss value to Mercedes in the event of a total loss (or something like that).
	Appreciate 0 Quote

11-24-2011, 03:34 PM	#5
Boyd1963 Major 30 Rep 1,301 Posts Drives: 2011 320d e92 Join Date: Sep 2009 Location: Bournemouth iTrader: (0) Garage List Sep 2011 E92 [0.00]	I found these guys to be very competative and their service seems to be very good although I have not made a claim yet! http://www.ala.co.uk/
	Appreciate 0 Quote

11-24-2011, 04:25 PM	#6
sheps Colonel 73 Rep 2,396 Posts Drives: C63 AMG Join Date: Feb 2007 Location: Cambs, UK iTrader: (2)	Another recommendation for ALA from here too. __________________ Gone but not forgotten: 325i M Sport (E92), Black Sapphire, Coral Red Dakota, 19" 225's, Seat Heating, 6FL and de-badge Replaced by 6.2 litres of AMG powered C class.
	Appreciate 0 Quote

11-24-2011, 07:04 PM	#7
chris_s1 Major 36 Rep 1,113 Posts Drives: M235i 6MT Join Date: Jun 2009 Location: Ontario, Canada iTrader: (0) Garage List 2012 E92 335d [8.66]	http://www.car2cover.co.uk Just bought a policy to cover my wife's new Qashqai - 2 years cover, up to 10k for £75
	Appreciate 0 Quote

11-25-2011, 04:02 AM	#9
rich1068 has left the building 90 Rep 3,359 Posts Drives: F30 330d M Sport Join Date: Oct 2010 Location: UK iTrader: (0)	Went with Ala too after recommendations on here.
	Appreciate 0 Quote

11-25-2011, 04:08 AM	#10
xenon Major General 1397 Rep 8,083 Posts Drives: 2021 G21 330i M-Sport Join Date: Jun 2008 Location: Coventry iTrader: (0)	ALA for me too. __________________ Ian Current: 2021 G21 330i M-Sport Previous: 2018 A6 Avant S-Line MMI+, 2014 F31 320d M-Sport, 2013 F10 520d M-Sport, 2011 F10 530d M-Sport, 2008 320i M-Sport Coupe, 2002 325i, 2001 318i valvetronic, 1998 318i, 1996 525i, 1990 Porsche 944S2
	Appreciate 0 Quote

11-25-2011, 04:32 AM	#11
sheps Colonel 73 Rep 2,396 Posts Drives: C63 AMG Join Date: Feb 2007 Location: Cambs, UK iTrader: (2)	If your car is supplied via mercedes corporate you need to make sure the level of cover you have in place will meet the total value of the outstanding payments in the event of a total loss - this is what Mercedes will come after you for. Hence, with my payments at £750+VAT, I needed £30k cover to make sure if I had a total loss on day one of the lease I had sufficient cover to meet the demand Mercedes would place on me (35 months at £900 = £31,500.00) __________________ Gone but not forgotten: 325i M Sport (E92), Black Sapphire, Coral Red Dakota, 19" 225's, Seat Heating, 6FL and de-badge Replaced by 6.2 litres of AMG powered C class.
	Appreciate 0 Quote

11-25-2011, 04:32 AM	#12
M3-FAST Defected to the dark side..... 210 Rep 5,795 Posts Drives: BMW M5 LCi Join Date: May 2007 Location: Stafford, UK iTrader: (11) Garage List 2009 E90 M3 [10.00] 2007 325i M-sport C ... [9.00]	Used ALA a few times, have it running presently on the Passat CC I showed BMW the quote from ALA and they virtually matched it (reduced from the £450 'recommended retail price')
	Appreciate 0 Quote

11-25-2011, 04:40 AM	#13
creepy coupe Lieutenant General 1867 Rep 13,043 Posts Drives: BMW M340I G20 Join Date: Aug 2007 Location: UK iTrader: (2) Garage List 2015 BMW 435d [0.00] 2009 335i [0.00]	I fired the question of how much cover I need to ALA. Informing them it was a leased car and how much the payments were. you can do this via their " live online help" All the conversations were recorded text wise and a copy sent to my mailbox. That way any mistakes have comeback.
	Appreciate 0 Quote