01797 362007

GAP, Breakdown, Excess Protection

When you purchase a vehicle, it is important to ensure you are covered in the unfortunate event of a breakdown or an accident. Our combined GAP (Guaranteed Asset Protection), Breakdown and Excess protection is there to protect you and cover the costs of breakdowns, reclaiming excess costs and covering the cost of ‘total loss’ where the balance payable to the financier is greater than the amount paid for the vehicle.

In the unfortunate event you need to claim on your motor insurance policy and a ‘total loss’ occurs where the claim has been settled and the insured vehicle becomes the property of the motor insurer following accidental damage, fire or theft, a GAP insurance policy will pay the difference between the ‘market value’ and the outstanding finance balance. So, it is important to ensure you protect your financial interest in your vehicle with GAP insurance.

Breakdown cover ensures you are covered in the event of a breakdown by offering a recovery service. There are many different types of breakdown cover, so it is important to get the right cover to suit your needs.

If you claim under your main motor insurance policy, having excess protection allows you to recover the insurance policy excess which you are liable for after a successful claim. With policy excesses increasing and young, inexperienced drivers being susceptible to a larger excess, protecting against these costs can be hugely beneficial.

Contact Marsh Insurance Services today on 01797 362007 to find out more and to speak with a member of our helpful team to discuss your insurance requirements.

Marsh Insurance Services
Station Road, New Romney
Kent  TN28 8LG
Marsh Insurance Services (Kent) Ltd is authorised and Regulated by the Financial Conduct Authority under reference: 474741.
Our permitted business is advising, arranging, dealing as agent and assisting in the administration and performance of general insurance contracts. You may check this on the Financial Conduct Authority’s register by visiting the FCA website or by contacting the Financial Conduct Authority on 0845 606 1234.
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