With GAP Insurance from Specialist Cars CUPRA, you are fully protected in the event of any incidents. GAP insurance, also referred to as Guaranteed Asset Protection helps to bridge the payment gap between the settlement amount from your motor insurance company and the price your car was worth before your car was written off, stolen, in a fire or flood. Therefore, GAP insurance is beneficial as it helps keep your worries at ease and you not out of pocket.
If you do not have GAP insurance and your insurer declares your vehicle as a total loss, as repairing your CUPRA is not economical, safe or possible, you could be left with significantly less money than what your vehicle was worth before the incident.
Having GAP insurance for your CUPRA, will protect you from this financial shortfall because it is the bridge between insurance companies’ settlement and the market value of your vehicle or the cost of changing it with a similar model. Replacing your car without additional funds has never been easier. GAP Insurance covers the difference in price.
So in total, from both your insurer and the return to invoice GAP Insurance you will receive the full amount you paid for your vehicle. Interested in buying GAP Insurance for your new or used car? Get in touch with Specialist Cars CUPRA team for more information.