Gap Insurance

Don’t fall victim to crippling car depreciation

Here’s a scary scenario for your consider.  Suppose you pay for a new car on finance and it’s written off after only a few months.  You’d no doubt think you’d be fully covered by your insurance company and be able to repay the finance that was outstanding on the vehicle wouldn’t you?  Sadly, there’s a good chance you wouldn’t, unless you opted to take out a Gap Insurance policy to cover the depreciation. Crippling car deprecation could catch you out, but Gap Insurance makes sure you’re covered. Cover the shortfall between the finance settlement and what the car’s worth at the time of the accident with a Gap Insurance policy.  It’s a scary scenario to think about, but if you buy a new car on finance it’s worth looking into Gap Insurance at the same time.

What are the chances?

You’re a safe driver.  There’s no need to take out Gap Insurance is there?

Serious accidents have a habit of taking drivers by surprise.  They have scant regard for your driving history, they don’t care if you a 20 year no-claims bonus. If you’re in an accident, whether at fault or not, it’s wise to have Gap Insurance you could be left with a large financial shortfall.  You’d be gutted if your car was written off after such a short period of time, but it’d be less of a blow with Gap Insurance in place.  At least you wouldn’t be left owing money on a non-existent car thanks to the Gap Insurance covering the shortfall. The chances of you being in an accident might be slim, but you never know what the future has in store.

Act fast for a great deal on Gap Insurance

Not picked your new car up yet? Brilliant! There’s plenty of time to sort your Gap Insurance out.  Just ring up for a low cost quote on Gap Insurance and see how affordable it can be.  Friendly and professional insurance advisors are ready to take your call and they know all the best Gap Insurance policies that will be correct for your circumstances.  That rapid phone call could save you a massive amount of money in the long run should you need to make a claim in the future. Stop heavy depreciation from blighting your life and make sure you’re covered with a comprehensive Gap Insurance policy. Drive your new car with confidence knowing your new insurance covers you for all eventualities.

About Charles Michel

Charles Michel is the the editor of Blog and Go who helps people around the globe in finding the best information.

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