If you’re left at a total loss, your motor insurance may only pay the current value of your vehicle. However, our GAP Insurance will pay any outstanding finance payments for your vehicle, or pay the difference, so you will receive the full amount of what you originally paid.
So if your vehicle is stolen or written off after an accident it is likely that your motor insurer will only pay the current market value for your vehicle. This amount could be less than what you still owe to your finance company and will be less than what you originally paid for your vehicle.
Case Study: You purchase a vehicle for £25,000 and it is written off after two years. Your motor insurer pays you £20,000. Purchase Price Protection would pay you the £5,000 difference.*
If you would like more information, get in touch with our friendly team today who will be more than happy to speak to you about our GAP Insurance policies. Give us a call on 0333 400 2316 or request a quotation via our quote form.
*Purchase Price Protection provides cover for up to a maximum of 3 years from the purchase date of your vehicle
The staff are always friendly and extremely helpful. My car insurance is always sorted quickly and without fuss. Would highly recommend County insurance.
They were very helpful and got my car insurance a lot cheaper than I was paying
Great local company for insurance, my wife and I will have been having our car insurance from them for a few years now, and always had the best deals from them.