If your vehicle is written off as a total loss through an accident, fire, theft or adverse weather conditions, most motor insurance companies would only pay out the current market value of your vehicle, and not the original purchase price of your vehicle when you bought it? Asset Protector Insurance is designed to protect you against any financial loss you could encounter should your vehicle be written off.
Asset Protector Insurance provides a high level of cover and has received the top 5-star rating by Defaqto, the UK’s leading independent financial services rating agency.
In the event of your vehicle being written off, Asset Protector Insurance could pay the difference between the comprehensive motor insurance policy settlement and either the original purchase price, or the finance early settlement amount or the lease early termination charge, whichever is the greater, subject to the claim limit detailed in the policy schedule.
Asset Protector is available:
Cover can be purchased within 100 days following the purchase date of your vehicle.
Asset Protector will pay the difference between the comprehensive motor insurance policy settlement and the original purchase price or the finance early settlement amount, whichever is greater;
Cover available for 2, 3 or 4 years and you can pay either by single premium or by 10 monthly instalments.
Asset Protector does not cover any arrears, default or late payment charges, excess mileage charges, maintenance and recoverable VAT, any warranty, new vehicle registration fee, any insurance premiums, road fund licence, fuel and paintwork protection applications or negative equity transferred from a previous agreement which exceeds £2,000.