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Back to Invoice GAP Insurance

Back to Invoice GAP Insurance is also known as Return to Invoice GAP Insurance.


What is Back to Invoice Plus GAP Insurance?

This GAP Insurance policy will, in the event of a total loss, pay the difference between the comprehensive insurer’s market value settlement and the original vehicle invoice price or the finance settlement figure, whichever is higher at the time.

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How does this policy compare to Vehicle Replacement Plus?


Back To Invoice
Pays you back to the price you paid for the vehicle or your finance settlement figure if that is higher.
You get back the money you paid for your vehicle to use as you wish.
Settlement paid to you in the event of a claim.
For vehicles bought outright or on finance.
For vehicles up to 10 years old, no upper mileage limit.
No ongoing age or mileage limit.
Available for vehicles with an invoice price of up to £150,000
Vehicle Replacement
Pays up to replacement cost of a vehicle matching the original or your finance settlement figure if that is higher.
Protects from potential manufacturer price increases or discounts that are no longer available.
Settlement paid to you in the event of a claim.
For vehicles bought outright or on finance.
Available for vehicles with a purchase price of up to £150,000.
Available for vehicles less than 7 years old, with fewer than 80,000 miles, purchased within the last 90 days.
No ongoing mileage limit.


Can I buy Back to Invoice Plus?

The answer to this is yes if:

  • Your vehicle is less than 10 years old
  • You have owned your vehicle for less than 180 days OR less than 365 days if you have new car replacement cover from your motor insurer while the car is less than 12 months old
  • Your vehicle is owned outright OR on a Hire Purchase (HP) or Personal Contract Purchase (PCP)
  • Your vehicle was purchased from a VAT registered dealer
  • Your vehicle is not excluded as one of the following: Any taxi, mini cab, driving tuition vehicle, courier or delivery vehicle of any type or any private or public rental vehicle or any rally, competition or off-road vehicle of any type. Please see our exclusion list to check your vehicle isn't on the list.

    Any Commercial Vehicle over 3500kg, Motorcycle, Motor Scooter or Moped. Any left hand drive vehicle and a vehicle which does not meet UK or EC approval or is not commercially available in the UK direct from a manufacturer or its authorised importer or dealer. Any taxi, mini cab, driving tuition vehicle, courier or delivery vehicle of any type or any private or public rental vehicle or any rally, competition or off-road vehicle of any type.

If your car has been bought from a private seller please look at the details for our Agreed Value GAP Insurance policy or contact one of the ALA team on 01653 916308



Back to Invoice Plus Cover Features:

  • Available up to 4 years for vehicles owned outright or on finance
  • Pays up to £250 or £500 of your Comprehensive Insurance excess (dependent upon underwriter and confirmed at time of purchase)
  • Our policies do not have ‘Market Value’, ‘Glass Guide maximum retail value’, or ‘Pre Approval’ clauses
  • Personal details can be amended free of charge
  • Policy transfer – pro rata transfer of unused premium if you change your vehicle, with no admin fees
  • Cover available for up to 180 days after delivery of vehicle, or up to 365 days if your vehicle is covered “new for old” by your motor insurer for the first 12 months
  • Discount available for renewal and additional policies
  • We guarantee to match any comparable online GAP quote
  • This policy is combined with Finance GAP, it will either pay back to the invoice price or the outstanding finance, whichever the greater. *see illustration below
  • We are fully authorised and regulated by the Financial Conduct Authority (FCA) and your policy has cover under the Financial Services Compensation Scheme


Back to Invoice Example:

Our Back to Invoice GAP Insurance will pay either the amount outstanding to your finance company or back to your invoice depending which figure is higher at the point of a claim.
Your invoice value of: £20,000
The amount owed to the finance company at the point of claim: £21,000
Your comprehensive market value insurance payout: £15,000
Our Back to Invoice GAP Insurance payout: £6,000
Comprehensive insurance payout + ALA GAP Insurance payout = £21,000
(Leaving you clear of any owed finance on your vehicle)
Alternatively...
Your invoice value of: £20,000
The amount owed to the finance company at the point of claim: £18,000
Your comprehensive market value insurance payout: £15,000
Our Back to Invoice GAP Insurance payout: £5,000
Comprehensive insurance payout + ALA GAP Insurance payout = £20,000
(Then you would need to pay the £18,000 owed to the finance company but you get to keep £2000)


Read more on why ALA GAP Insurance policies are better than the rest or click the green button to get a quote...