NFU mutual car insurance or GAP insurance?
I am about to lease a car for the first time and was looking into insurance and GAP insurance .NFU mutual now offer New car replacement if your vehicle is less than 2 years old from the date of first registration, is a UK specified model and damaged beyond economical repair. Taken from the policy document "Hiring and Leasing.If the CAR is the subject of a hire-purchase or leasing agreement and WE can identify the legal owner of the CAR,WE will make any payment for the total loss or destruction of the CAR to the legal owner". My question is, on a 24 month lease, is this cover as good as taking out a separate GAP insurance? Or would you still recommend separate car and GAP insurance.