Colbornes Audi - GAP Insurance
GAP covers the difference between the amount paid by your motor insurer and either the outstanding balance of your Finance Agreement or the cash purchase price paid when your vehicle is stolen or written off..
Current
statistics indicate the risk of your vehicle being stolen or written
off is now greater than ever before. Around 375,000* vehicles are
stolen every year, which is equivalent to 1 every 85 seconds.
If this does happen, or your vehicle is written off through an
accident, your insurance company will generally offer you a total loss
payment based on the market value of your vehicle at that time.
This
value could be significantly less than either the cash price of the
vehicle or the outstanding balance of an existing finance agreement.
You might not realise just how much a total loss can affect your own
finances even with your vehicle being comprehensively insured. Now you
can take out GAP Insurance to help protect your investment.
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Copyright 2007 Colborne Garages Limited - Colbornes Audi is a trading
style
of
Colborne Garages Limited
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