Thursday 1 September 2011

Gap Insurance

Some say that buying a car is the worst investment you can make, as it depreciates in value so quickly.

If your car is stolen or written off, and you are forced to file an insurance claim, the insurer would only pay out against the value of the car at the time the damage was done, as opposed to the price you paid for the vehicle.

Car gap insurance (sometimes called value protection insurance) protects against this shortfall, covering the gap between the insurance payout and the value of the vehicle at the time you bought the car insurance policy.

The benefits of buying gap insurance with helpucover.co.uk

As helpucover.co.uk does not have to pay commission or showroom overheads, they can offer the best gap insurance premium possible.

Unlike many gap insurance providers, helpucover.co.uk lets you spread the cost of the premium by paying in monthly instalments (up to a maximum period of 36 months.)

Most importantly, the cover you buy is provided directly by the insurer, which means huge savings in comparison to dealership prices.
Why buy Protector Gap Insurance?
If the current economic climate is making you feel reluctant about buying a new car, protector gap insurance could give you some peace of mind as it removes the anxiety of losing value on your car through depreciation.

Not only does motor gap insurance mean you wouldn't have to make up the difference yourself, it also means you would get back a similar car to the one which was written off or stolen.

Applying for gap insurance cover is quick and easy, and the cover is available for vehicles up to seven years old.

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