Asset Protection is designed to provide financial protection in the event of an accident or loss regardless of how you originally funded your purchase.
If you have paid for the car with a large deposit, the Return To Invoice (RTI) part of the policy could ensure you get back what you paid for the car in the event of a valid claim.
If you are paying for the car on a finance agreement, then the Finance Guaranteed Asset Protection (GAP) part of the policy may make sure that if your insurance pay-out falls short, you won’t be left with the outstanding finance.
Asset Protection covers for all eventualities and will pay-out the greater of the Finance GAP or RTI amount, up to the purchase price of your car.
AutoProtect provides insurance products and dealer warranties to vehicle manufacturers and retailers of all types and sizes throughout the UK, Europe and globally.
By taking advantage of the AutoProtect’s Asset Protection Insurance, you cover the shortfall.
Are you eligible?
For all the information you need, please call our specialists now!
Cover is available for varying durations, depending on your requirements and according to the terms of your finance agreement. Cover ends earlier in the event of a paid claim orif the vehicle is no longer in your possession.
Provides a contribution of up to £250 towards your insurance policy excess.
A range of claim limits are available depending on the premium paid and the purchase price of your vehicle. You can also claim via our free and easy to use app.
Vehicle accessories covered:
As long as accessories are fitted by the dealer and are manufacturer approved, we will cover up to £1,500 of extras. Manufacturer fitted accessories are covered.
Warranty and Road Fund licence:
Includes the cost of a vehicle warranty and makes a contribution of up to £100 towards road fund licence costs;
If during the first year of cover, the vehicle is written off and you get a replacement vehicle on a “new for old” basis, you can transfer the remaining duration of the policy to your replacement vehicle free of charge. You may then subsequently, at any time, transfer any remaining period of insurance on the policy due to a further change of vehicle, on payment of an administration fee of £35, as long as the replacement vehicle falls within the price range specified in your policy schedule.
If, for any reason, you wish to cancel your policy and you do so within 30 days, and no claim has been registered with AutoProtect during this time, we’ll give you a full refund. After that, you may still cancel at any point, subject to a £35 administration fee. You may receive a pro-rata refund which will reflect the length of the term remaining.
As with all insurance policies there are some circumstances for which Asset Protection will unfortunately not cover you. You must have in place a fully comprehensive motor insurance policy issued by an authorised UK motor insurer which insures against accidental loss and/or damage to the vehicle throughout the period of insurance. In the event your motor insurer rejects your claim and a settlement payment is not made you will not be covered by this policy.
* You should note that there are certain limitations in terms of the maximum amount you may claim. For full benefits and exclusions, please contact our specialists at: 01189 813 000