FAQ: Can GAP Insurance cover be transferred to Replacement Vehicle?
Can GAP Insurance cover be transferred to Replacement Vehicle?
If your comprehensive insurance police settles your total loss claim with a Replacement Vehicle, you may be able to transfer your existing GAP insurance cover to the Replacement Vehicle.
This may require:
- the approval of your finance company
- transfer of the existing, unaltered finance contract to the Replacement Vehicle
Please note that this information is of a general nature only. You should consult an accountant to obtain information specific to your situation.
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