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Private Hire GAP Insurance
Last Post 08/09/2010 04:38 PM by griff969. 1 Replies.
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griff969
TF Newbie
Posts:2
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08/09/2010 04:27 PM
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Hi All,
First time poster, and private hire driver on the sunny Wirral.
I have a query and am looking to find some advise.
I am looking to buy a newer Octavia and plate it, and have been trying to find a supplier of GAP Insurance. It can be called different things but basically if you buy a car for say £10,000 and in 2 years time you right it off and the insurers say its worth £3,000 (after racking up 80,000 in our cases!!), the GAP Insurance will pay you back the other £7,000 and you get your money back.
I'm bothered because I had a private car written off a few years ago, and I had it then and it was a godsend. An obviously in a taxi the depreciation is much higher with the mileage we do, so I really want to find a supplier. For normal cars its really easy, but for private hire??
I have been told there is a site that does it for circa £300 for 3 year cover, and you can pay it off over 12 months , but can I find it, so has anyone else heard of this or any other providers?
Thanks guys
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griff969
TF Newbie
Posts:2
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08/09/2010 04:38 PM
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Sorry, should have said I cant find the insurer!!!
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