Hello John, Welcome. Your 1st and possibly one of my last posts as I have recently purchased my 1st New car :-a New Volvo XC70 (replacing a stable of 3 which includes a 944Turbo)
I have just taken out a GAP insurance on this new car through Volvo > Santander > London General Insurance Company Limited. The documents came through this morning, I am reading through them now. The relevant bits might me :- Eligibility ... is covered by comprehensive motor insurance ... is registered in the UK and is no more than 9 years old from Date of 1st Regn. and has no more then 90,000miles, and has a purchase price of no more than £50,000...... ... Not eligible for cover are ... ...any vehicle that has been modified other than in accordance with the manufacturer's specification.
Could be worth ringing where you purchased it from regarding the " Santander Return to Invoice GAP insurance" The supplying Retailer is authorised to sell this insurance on behalf of the insurer, London General Insurance Company Limited. TWG Services Limited. (or Santander for help)
The policy (Cost £299) will pay the greater of :- 1) Return to invoice (£32,000) (available for 36 months from start of policy).....- the difference between motor insurance settlement and the purchase price ..... 2) Financial Shortfall (available for up to 60 Months from start of policy)..... Hope this helps Clive
ps Lots of exclusion including if no MOT!
_________________ 3rd, & last 944 Now Porsche-less TurboSE (sps 318Bhp,377ft lbf BAGS of Torque) Guards Red 165k,10yrs JMG Serviced Sold Aug 16
Volvo XC70 D5 (Hauler) HymerCar Sydney Nissan Micra (Runabout) Previous 944's not forgotten S2 Cab, 2.7 (Alpine White)
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