What is the difference between RTI GAP and Contract Hire & Lease GAP?

In simple terms they are similar to how RTI GAP repays your finance settlement figure in that it repays the settlement balance of the contract hire or lease agreement, and in all cases, the maximum amount paid is restricted to the claim limit you choose and is shown in your Policy Schedule.

The other main difference is the Contract Hire & Leasing GAP does not differentiate for premium purposes between EV or non-EV vehicles and does not have the £50,000 cap on value for EVs (see Eligibility below).