Are YOU paying for Gap car insurance you don’t need? FCA to probe whether deals are worth it

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  • Are YOU paying for Gap car insurance you don’t need? FCA to probe whether deals are worth it
  • Gap insurance covers the depreciation of your car if it is written off or stolen
  • But the deals are almost never claimed on, with commission levels of up to 70% 
  • Now the regulator is investigating the market to check Gap deals are worth it



Motorists with Gap insurance claim just once every 300 years – and now the financial regulator is stepping in to ensure consumers are not being ripped off.

Not only is the Financial Conduct Authority (FCA) worried that barely any Gap…

Continue reading this news update.

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