If you’re looking for an insurance policy which goes the extra mile, Return to Invoice (RTI) GAP could be the right fit for you.  

If your car is written off or stolen, most insurance companies will only pay out what your vehicle is worth at the time you make a claim – and this could be less than what you owe on your agreement. RTI GAP insurance covers the difference between the amount your motor insurance company pays out and the original purchase price of your vehicle, or the outstanding balance of your MotoNovo finance agreement (whichever is higher).

This means you’re not left out of pocket and you’d have the funds to replace your written-off or stolen vehicle with one of a similar standard.

The cost of RTI GAP insurance is dependent on the value of your vehicle and can vary from £99 to £499. This payment is a one-off premium to be paid on a date that suits you before your finance payments start. 

Our RTI GAP insurance policy will cover you for 3 years. So if your finance term is only 2 years, RTI GAP will still cover you a year after your finance agreement ends, adding an extra level of security.

Vehicles above the value of £69,999 are not eligible for RTI GAP, but could benefit from our Shortfall GAP policy.

You must have a motor finance agreement with MotoNovo Finance to take out a RTI GAP insurance policy with us, and a fully comprehensive motor insurance policy.

If you’re considering taking out RTI GAP there is some key information that you should familiarise yourself with, this is included in the exclusions and limitations.

To discuss purchasing a RTI GAP insurance policy with us, feel free to discuss your options with one of our advisors on 0333 320 3327.


Opening hours:

Monday to Thursday: 9:00am to 7.00pm

Friday: 9:00am to 5:00pm

Saturday & Sunday: Closed