In the unfortunate event that your vehicle is written-off or stolen and declared a total loss, your insurance company may not pay out your original purchase price. Most insurance companies will only make payment based on the market value of the vehicle at the time of the claim. Any depreciation or loss in value since you took delivery of your vehicle may not be covered.
Guaranteed Asset Protection will put you in a position to purchase another vehicle of the same value by covering the difference between the total loss of motor insurance paid out to you and any outstanding finance commitments, or, the original invoice price you paid at purchase (whichever is the greater value).
Exclusions apply, please contact our sales team for more information.