At John Clark MINI, we like to make sure our customers have all bases covered. That's why we provide GAP Insurance, to cover the shortfall in the event of your car been written off, flood damage, fire or stolen. Our GAP insurance policies cover both new and used cars whether bought outright or on finance.
As soon as you drive your car away from John Clark MINI it looses value. GAP insurance is an insurance policy will pay you a market value settlement, so your car insurer would only pay the cars current market value, not what you paid for the car. Once your insurer decides that repairing your vehicle is not economical, safe or possible to repair your vehicle, they will declare it a total loss. In some cases, this could leave you with significantly less money that you originally paid for your vehicle, and possibly with less than you need to clear off any applicable finance.
Guaranteed Asset Protection (gap) insurance is the bridge between what the cars insurance company will pay if your car is written off and the car's value you bought it.
For more information or a GAP insurance quote, contact John Clark MINI Aberdeen or Tayside and a member of our team will be more than happy to help.