RTI Gap Insurance Your New Car
RTI Gap Insurance In Short
A total loss need not be a total
disaster for you financially. If your new car is stolen
or even worse should your new car be declared an insurance
write-off "Return to Invoice Insurance" or RTI Gap
Insurance will refund to you the difference between
what you paid for the car and your insurers
Why buy RTI Top Up?
* What would your position be if your car were stolen
or written-off by your insurer?
* Motor Insurance Companies depreciate new cars by up to
60% over the first three years that you own them, therefore
if you be left with an outstanding loan against your vehicle,
have you considered how you will settle it?
* Even if your motor insurance payout covers your car loan
settlement, where does the deposit come from for your next
car? - you don't have a part exchange!
* Lets say you are a cash buyer, have you considered how
you will replace the difference between the amount you paid
for your car and your insurance payout?
* As a cash buyer will it be possible for you to replace
your car on a like for like basis without adding additional
money from your savings?
The Facts Are..
Approximately one vehicle is stolen
every minute in the United Kingdom and a 3rd of these vehicles
are never actually recovered! Here in the UK car crime accounts
for a third of all crime committed and over 500,000 (that's
half a million) vehicles become a total loss each year.
Now you add to that the following, every day in the UK more
than 200 vehicles are involved in serious accidents and
although we hope that this will never involve you, there
is still a chance.
In 2008 and 2009 cars simply did depreciate
at a far greater rate than any of the preceding years and
since Motor Insurance valuations are less than the amount
you paid for the car it is a fact that you pay the depreciation,
not your motor insurer.