Gap Insurance - Protect your investment with www.ala.co.uk

Home » Best Gap Insurance Policies

ALA GAP Insurance

4.6 out of 5 based on 228 testimonials.

ALA are the best GAP Insurance Provider who's policies provide the best coverage, rates and deals online

Why ALA GAP Insurance policies are better than the rest

Premiums can all look fairly similar, except perhaps for dealers, who all seem determined to rip customers off with excessively high premiums.

It is the standard features of our policies and the additional services we provide that add value to an ALA GAP Insurance policy.

Transfer or amendment of policy

  • We do this FREE of charge
  • Other providers will not transfer, or if they do, they will charge you to do so

Market Value Claim Reduction Clause

  • We don’t have one. Whatever your fully comprehensive insurance provider settles at, we cover the difference to the invoice price, replacement cost or outstanding finance (whichever is greater).
  • Most other providers will only pay from the Glasses Guide Retail value of your vehicle, so if your insurer settles for less, something they will often attempt to do – YOU suffer the shortfall
ALA GAP
A Vehicle Invoice Price £20,000
B Less Insurance Settlement £10,000
C = GAP Claim £10,000
D Market Value - Glass's Retail £12,000
E ALA GAP Pays
C, A-B		 £10,000
  Customer Advantage With ALA Policy £2000
Standard Market Value GAP
A Vehicle Invoice Price £20,000
B Less Insurance Settlement £10,000
C = GAP Claim £10,000
D Market Value - Glass's Retail £12,000
E Market Value GAP pays only A-D £8,000
  Customer Dis Advantage With Non-ALA Policy (£2000)

Maximum Value clause

  • We don’t have one. Whatever the vehicle invoice price or replacement cost, our policies will underwrite this value
  • Other providers will cap this to 105-110% of the Glasses Guide Retail price. So if you have added a few extras, it is unlikely they are covered

Claim period

  • We give you 120 days to make a claim – it could easily slip your mind in the circumstances
  • Our competitors will only give you 30 days

UK Registered Underwriters

  • The Financial Services Authority (FSA) regulate the insurance industry and to protect the consumer
  • The Financial Services Compensation Scheme (FSCS) is there to ensure your policy is protected against the failure of the insurance underwriter and pay out in the event of a claim
  • We are authorised and regulated and your policy is protected in this manner
  • Other companies supplying GAP policies from an overseas underwriter, although licensed to trade in the UK, are not regulated in the same way, ultimately the FSA have no jurisdiction outside of the UK