Rac Car Gap Insurance
However there is nothing to stop you buying gap insurance whenever you want so you are free to initiative a purchase straight away.
Rac car gap insurance. Firstly you should know that gap stands for guaranteed asset protection. Dealers must wait until the fourth day after handing over the prescribed information. Rac car insurance and rac home insurance are arranged and administered by bisl limited which is an independent intermediary. Gap insurance cannot be purchased on the day the car is sold.
What is rac combined gap and rti insurance. In the event of a total loss gap insurance is designed to cover the difference between your motor insurance and the amount you originally paid for the car or the amount outstanding on finance whichever is greater. Famous insurance agency pty ltd abn 66 168 467 561 is authorised to arrange and issue this insurance as agent of racq. We ve provided gap and other motor insurance products since 1990 while the rac is one of the most renowned and established auto services brands customer satisfaction.
Guaranteed asset protection gap insurance protects you against financial loss if your vehicle is declared a total loss or write off by your car insurance provider. In the event of a total loss gap insurance is designed to cover the difference between your motor insurance and the amount you originally paid for the car or the amount outstanding on finance whichever is greater. Rac gap what is rac combined gap and rti insurance. Gap stands for guaranteed asset protection and that s exactly what it does.
Registered in england no. Rac insurance is a trading name of rac financial services limited. In this instance the asset in question is your new car and gap insurance is designed to protect its value at purchase in the event that it is stolen or damaged beyond repair during the term of your finance agreement. Paying for gap insurance.
We re proud to be rated excellent by our customers across the uk based on thousands of impartial trustpilot reviews 4 9 out of 5 november 2019. Gap stands for guaranteed asset protection and that s exactly what is does. Here at rac insurance we search a panel of approved insurers to find you the right cover at the right price. Rac insurance pty limited abn 59 094 685 882 has been authorised by famous to act as its agent in referring you to them.
Rac approved dealer free 3 month warranty and breakdown cover used car gap insurance flexible service plans mot checks service and repairs 01934 384 080 live chat 24 7. Registered in england and wales no. With 120 years experience serving customers in the uk we re able to work with insurers to make sure you have great insurance options whether you drive a car van or motorbike.