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ALA GAP Insurance
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
- Transfer is of unused premium on a pro rata basis and is used as a discount on a new policy
- We do not charge any admin fees for this, or for any amendments to your policy
- 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 Conduct Authority (FCA) 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
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