Gap Insurance

GAP (Guaranteed Asset Protection) and VRI (Vehicle Replacement Insurance), are additional types of insurance which are worth considering when you buy a new or used car and is usually only worth considering on the more expensive cars. 

This policy would cover you in the eventuality of your car being written off, you would then receive the difference between the price you originally paid for your car and the insurance payout.  If you didn't have this policy the insurance companies would only pay market value which could be considerably lower than the figure you originally paid for the car.  It simply means you are guaranteed to get back the full amount of the cost of the car. VRI will replace your vehicle even if it costs more than what you originally paid. It also does not matter how you purchased your car whether you paid cash, personal loan or finance.

Usually when buying your car you can purchase one of these policies, however, as with most things you can also purchase on online.
Ala
Have been in the motor industry for over 17 years and offer finance facilities for the private and corporate sectors.