GAP/Financial Shortfall Insurance Explained



Все видео канала Thames Motor Group2014-08-28 15:11

If you are unfortunate enough to have your new vehicle stolen or written-off and you have to make a ‘total insurance claim, a standard car insurance policy will not necessarily cover the full cost of your car at the price of purchase. Instead, motor insurance only pays the current market value of the vehicle. Cars depreciate from time of sale so this means you could be out of pocket.

In this video Claire Wakeling explains how GAP/Financial Shortfall insurance can bridge the gap and help get you back into a like-for-like replacement vehicle.