A new car is one of the products that have the highest rate of depreciation across the world. As soon as it is bought, from the very first ride out of the sales lot, depreciation begins to act on it, no matter the brand. A study says that a car loses ten per cent of its value as soon as the tires meet the street from the purchased lot, and for the longest time, traditional motor insurance only covers for the current value of cars and made no allowances for depreciation. For people who secure an auto loan to buy their vehicles, the Guaranteed Auto Protection is insurance coverage that aims to bridge the gap between the value of the motor vehicle and the amount that was financed. It is an added layer of protection to pay off the difference between the two variables which can be purchased separately or from major auto insurance carriers. If you do not have a huge chunk of money to deposit your dream car, you might need to finance for a longer period, to which end, having GAP insurance can make your lender more open to a lower down payment. Click4GAP GAP Insurance is a digital company that claims to offer comprehensive GAP insurance products and quick claims settlement to their clients. But do they have a good track record? Are their personnel attendants friendly and well-grounded? We have not had direct experience with them, and as such our answers might be coloured with biases. We, however, suggest you read independent customer reviews about Click4GAP GAP Insurance to get suggestive answers to your concerns as well as to know if they are worth considering giving a try or not.
About Click4GAP GAP Insurance
Click4GAP GAP Insurance is an online brand that specializes in the provision of GAP and warranty insuranceservices. The company lists its goals as being ‘to design and deliver bespoke motor-related insurance products direct to the policyholder, to bypass all third-parties and create lower premiums without compromising the comprehensive quality of our insured GAP policies’. The underwriter for Click4GAP GAP Insurance is Red Sands Insurance Company, an independent insurance group that claims to operate across different sectors of the economy. Click4GAP GAP Insurance was established in 2004 and is regulated by the appropriate agencies in its home country, the United Kingdom. The company claims that it offers Zero GAP Excess while also committed to settling claims within a maximum of 14 days.
Products and Services of Click4GAP GAP Insurance
One of the products offered by Click4GAP GAP Insurance includes Return To Value (RTV) GAP which offers Cover for Theft With Keys, Standard Cover for all named drivers, etc. Another product by the company is the Return To Invoice (RTI) GAP which offers 21 Day Money Back Guarantee, Transfer Cover for 90 days and so on. The Vehicle Replacement Insurance (VRI) GAP claims to cover the total loss of the claimant if it occurs in Great Britain, Northern Island, the Isle of Man, the Channel Island and some other countries under the European Union umbrella.
Compliments, complaints and tips for Click4GAP GAP Insurance
Have you used the cover services offered by Click4GAP GAP Insurance in the past? Did you find their insurance services optimal? Would you recommend the company to your friends and colleagues? Please leave an honest opinion of your experiences and feedback with Click4GAP GAP Insurance here for the benefit of prospective customers. Tips on how the company can better serve you and others would also be appreciated. We’d love to hear from you soon!