If you're buying a new car in the next few months the dealer will probably try and sell you GAP Insurance. This is a good protection that means you can afford a new one if the car is written-off during the first few years of ownership. The problem is that dealers often charge inflated prices for the cover.

Chris Knott GAP Cover on a car purchased for £15,000 is just £82.34 and on a vehicle purchased for £50,000 only £151.08 and that gives you 3 years' protection.

Before you agree to the dealer's GAP Insurance, make sure you get a comparative quote for Chris Knott's GAP Cover.

Ask us for a stand alone quote or combine the cover with your car insurance - simply call 0800 917 2274 or 01424 200477 and follow the 'car insurance' options to find out just how affordable Chris Knott GAP Cover could be for you.

Cover details HERE - http://www.chrisknott.co.uk/GAP/CombinationGAP/index.html

I've never needed gap insurance, but from what I've seen on here what you're quoting seems to be a good price.

Out of interest is it a fixed price policy, or rated upon driver and vehicle (as well as the usual) insurance rating criteria?

I assume your GAP cover is return to invoice, and not return to new car value (to cover increase in new car price with increases in the euro etc, like what happened with the Fiat 500 between launch and todays prices)?

The premium is based solely on the value being protected and will pay either the invoice value or the amount of any outstanding finance (whichever is the greatest at the time of the claim).