Retail Price Protection Insurance

Bridge the gap: extra protection for you and your car

Retail Price Protection Insurance, often described as GAP insurance, is designed to work alongside your comprehensive motor insurance.

How it works

If your car is stolen or written off in an accident, your motor insurance company will usually offer a total loss settlement based on the vehicle’s current market value. In many cases, this amount may be less than the price you originally paid for the vehicle.

Retail Price Protection (RPP) Insurance is designed to help bridge this gap. In the event of a total loss, it can provide a payment to help cover the difference between your motor insurer’s settlement and the original invoice price of your vehicle, subject to the policy terms and conditions.

RPP Insurance is supplementary insurance and does not replace your standard motor insurance policy.

Key benefits of Retail Price Protection Insurance

• In the event of a total loss, the policy will pay the greater of:

  • the shortfall between your motor insurer’s settlement and your vehicle’s original invoice price
  • the early settlement amount with your finance provider
  • or the premium paid for this insurance

• A contribution of up to £750 towards your motor insurance excess

• An Inconvenience Support Payment of:

  • up to £1,500 for vehicles with an original invoice price of £25,000 or more
  • up to £1,000 for vehicles with an original invoice price under £25,000

This inconvenience payment is designed to help with the additional costs and disruption of being without your vehicle following a total loss, such as temporary transport or other related expenses.

Cover also includes factory fitted options and dealer fitted options (up to policy limits). Full details are set out in the policy documentation.

Further information

For further information, please contact our Sales Team, or speak with our Business Manager, Mark Hannay, on 01932 874411.

Important information and terms

Retail Price Protection Insurance is optional and is available from other insurance providers. The cost of RPP insurance may vary depending on levels of cover, policy duration, and terms and conditions. Please read all documentation carefully when making comparisons.

You should review the Insurance Product Information Document (IPID), which provides a summary of key features, exclusions, and eligibility requirements. Full terms are contained in the policy wording.

Insurer and administrator details

This policy is underwritten by Arch Insurance (UK) Limited, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (FCA reference number 229887).

The policy is administered by Ingeni Services Group Limited, Unit 11, Atlas Works, Foundry Lane, Earls Colne, Colchester, Essex, CO6 2TE. Ingeni Services Group Limited is authorised and regulated by the Financial Conduct Authority (FCA number 747381). Its permitted business includes arranging general insurance contracts and consumer credit broking.

Ingeni Services Group Limited is registered in England and Wales. Company number: 04547880.