So What is Return to Invoice or RTI Gap Insurance?


RTI Gap Insurance or Return to Invoice Gap is possibly the most straight forward form of Guaranteed Asset Protection available in the UK today. Simply put, it can cover the difference between your vehicle value when it is written off and the original invoice price you paid.

Lets look at an example:

Mr French buys a car for 12,995, and pays cash for the vehicle. Two years later it is stolen and written off by his insurance company. They offer him the market value at the time, 6,000. Mr French then claims the difference between 6,000 and 12,995 from his RTI GAP Insurance Policy, giving him his original 12,995 back in full

This is straightforward because you know from day one what you have paid for the vehicle, and depending on how long you wish to take cover for, working out your claim limit is relatively easy too.

So what is RTI Gap Insurance suitable for?

Well, RTI Gap Insurance is suitable for several different sets of circumstances and types of vehicle. Return to Invoice cover is suitable for –

Cars, Motorbikes, Motorhomes, Private Hire Taxi’s and Driving School Vehicles.

RTI Gap Insurance can be purchased on vehicles up to 10 years old, up to 240,000 in value and up to 4 years cover is available. 

RTI Gap Insurance

Which way to turn with RTI Gap Insurance

So which situations is RTI Gap Insurance best suited?

RTI Gap Insurance Cover is most suitable for cash purchases, but also purchases on a form of hire purchase or PCP. With regards to hire purchase and return to invoice gap cover, it is important to work out if you are ever likely to owe more on a finance settlement than the original invoice price. This is possible if you put a small deposit on a longer finance agreement. If this is the case then a ‘combined rti’ style product may be more appropriate.

So there you have it in a nutshell. RTI Gap Insurance Cover, your insurance pay you the vehicles worth, the Gap policy pays the difference back to the original invoice price. 

For the best prices on RTI Gap Insurance in the UK, our Gap Insurance comparison page.


For more information on RTI Gap Insurance have a look through our site via the menu above.

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