Is gap insurance worthwhile?

We are in the process of buying a three year old Honda Jazz and have been offered GAP insurance by the main dealer. What is your opinion of this insurance and is it worthwhile?

Asked on 1 February 2014 by Peter Lenoel

Answered by Honest John
Buy the GAP independently at about 1/3 of the dealer price.
Similar questions
I've just reserved a pre-registered Vauxhall Astra 1.2 which I'm buying outright with an on the road price of £23,000. I'm being offered VSI - do I need this? I'm insured with AA but the policy doesn't...
I'm picking up a new BMW shortly and the dealer is keen to sell me GAP insurance, smart insurance (for the bodywork), tyre and alloy insurance, and ceramic paint protection. Each are £500. Are any of these...
My stepson had a fairly low speed accident on a roundabout, where the third-party hit him on the nearside front, while in the wrong lane for his chosen exit. The accident was not his fault and his insurance...
 

Ask Honest John

Value my car

Save £75 on Warranty using code HJ75

with MotorEasy

Get a warranty quote

Save 10% on GAP Insurance

Use HJ10 to save on an ALA policy

See offer