More often than not when you buy a brand new car you may be asked if you require gap insurance and aren’t too sure what this is. This type of insurance covers the gap between what you owe for your car and what it is actually worth should it be involved in an accident or stolen. By getting in touch with an experienced online broker who can explain gap insurance in more detail you will realise that it is a sensible option to buy gap insurance to protect your finances.
Where do you find the best supplier of gap insurance?
The internet is a great tool for almost anything you need to buy or find out about so take the opportunity to search online and find a reputable online insurance company that has been in the industry for many years. Experienced brokers will guide you through the process of buying gap insurance however should you have any difficulties or problems contact can be easily made by telephone, fax or e-mail. The gapinsurance.co.uk website is a great place to start looking as all the relevant information is laid out in a clear, concise manner.
Do you need gap insurance?
For owners of new vehicles who couldn’t put down a large deposit, gap insurance is probably wise to buy as cars depreciate in value as soon as you drive out of the showroom. If you were involved in an accident and you are unable to pay the difference of what you owe and what the vehicle is actually worth, you could well be out of pocket unless you have gap insurance. Make sure you read the terms and conditions of gap insurance thoroughly so you know what you are covered for and how much you will receive if you make a claim.
Use the services of professionals
There are so many insurance companies around that it’s essential to choose one that is professional and employs experienced brokers. One such company gapinsurance.co.uk is on hand twenty-four hours a day and employ advisers who enjoy helping clients no matter what their concerns are. Some of gapinsurance.co.uk key features are as follows:-
- Free transfer of policies should your vehicle be replaced
- Insurance available for vehicles up to one hundred thousand pounds
- Start date deferred by up to one year
- Policy claim limit up to purchase price of vehicle
- Two hundred and fifty pounds towards the excess on your insurance policy