Jaguar GAP Insurance

Please Call Today: 0844 66 22 400

 

What is Guaranteed Asset Protection (GAP)?

 

In the event that your car is written-off or stolen and declared a loss, your insurance company may not pay out the original purchase price. This is because many Comprehensive motor insurers make a total loss payment based on the market value of the car at the time of the accident or theft.

 

Any depreciation or loss in the value that takes place since you took delivery of the car may not be covered.   Guaranteed Asset Protection (GAP) products are designed to insure against this loss.   Swain & Jones recommends AMS GAP products.

 

GAP Plus

 

This Combined GAP policy provides Vehicle Return to Invoice GAP and Finance Shortfall GAP.

GAP Plus is a comprehensive, premium product, offering very high levels of cover at a very competitive price. Beware of cheaper imitations, as many products offer as low as £10,000 of cover or can leave you with a gap on your GAP cover by only paying out from invoice price down to Glass’s Guide retail, rather than down to the insurance pay-out amount, which is often much lower. GAP Plus pays the full amount based from your insurance pay-out amount, leaving you fully protected against financial loss.

 

Key Benefits

• Up to £25,000 GAP Cover
• Available for 2,3 or 4 year terms
• Up to £250 towards your insurance excess
• Transferable within first year to a 'new for old' replacement car if your original new car is written off
• Will pay the difference between the higher of the invoice price or the finance settlement amount
• Payable over 12 monthly payments (Subject to £50 admin fee)
• Underwritten by HSBC
• Any make or model car can be covered within 30 days of purchase, even if not purchased through Swain & Jones (Proof of purchase required)

 

*subject to terms and conditions 

 

Please call us for more information and prices on 0844 66 22 400.

 

AMS also offer a range of other products such as: 

• MAP Insurance
• Warranty
• MOT Insurance
• Tyre Insurance
• Key Insurance
• Service Plan