GAP Insurance with Eden
Having your car stolen or written off is already a very stressful experience, but it can be made even more stressful if you’re left without a replacement car.
This is the reality for many motorists who find that their car insurer won’t pay the original purchase value of the vehicle, often resulting in a big shortfall which has to be covered out of pocket (or having to keep up agreed payments on a vehicle you no longer have.) Our GAP insurance policy – or Guaranteed Asset Protection - is designed as a cost-effective way to prevent this scenario from happening.
How It Works
In the event of a Total Loss claim on new (at the time of purchase) vehicles, we will work with your Comprehensive Motor Insurance to provide a replacement under a new-for- old basis and make up
the shortfall (up to the value of £25,000). In most cases, you’ll also be able to transfer your remaining GAP cover over to this replacement. The same goes for any car that was pre-owned at the time of purchase; if your insurance provider offers you less than the vehicle’s market value in settling your claim, we’ll make up the difference.
Find Out More
It really is as simple as that, though as with any insurance product there are a few things to keep in mind – for further information on our peace of mind cover, contact one of the friendly team at your local Eden Motor Group today.