APG Cover Combined GAP Plus

Provided by AutoProtect Group

 

Do you know how much you would get from your insurance policy if your vehicle was declared a write-off due to an accident, fire, or theft?

Even with comprehensive cover, if your vehicle is written off, your insurance company only pays out the market value of your vehicle at the time of the write-off - and because vehicles depreciate over time, this may not cover the cost of your outstanding finance.

Purchased your vehicle by cash?

APG Cover GAP makes up any shortfall from what your insurance company pays out (or the market value of the vehicle, if greater) and the purchase price of the vehicle.

Purchased your vehicle on Contract Hire?

APG Cover GAP makes up any shortfall between the total loss settlement by your motor insurer (or if greater, the market value) and the outstanding finance on your Contract Hire agreement.

Purchased your vehicle on Finance?

APG Cover GAP makes up any shortfall between the total loss settlement by your motor insurer (or if greater, the market value) and the greater of the two:

  • Outstanding finance on your vehicle (GAP)
  • Purchase price of your vehicle (Return to invoice)

Whether you've purchased your vehicle on finance, by cash, or through Contract Hire, APGCover GAP through AutoProtect Group is available for you.

COVERED AGAINST ANY SHORTFALL

Covering you against the shortfall between the purchase price of the vehicle and what the insurance company pays out, or the outstanding finance settlement, whichever is greater.

DEALER FITTED ACCESSORIES COVERED

APGCover GAP will cover dealer-fitted accessories up to £1,500.

ADDITIONAL DRIVERS COVERED

Any driver is covered whilst driving your vehicle, as long as they have the policyholder’s permission and have comprehensive motor insurance.

UP TO £250 EXCESS

In the event of a policy payout, the benefit will also include up to £250 excess for the Motor Insurance Policy.

FIND OUT MORE

For more information including the Terms & Conditions please visit www.apgcover.co.uk


  • For more information including the Terms & Conditions please visit www.apgcover.co.uk or telephone 0208 543 6006
  • APG Cover is a trading name of Future 45 Limited. registered in the UK and authorised and regulated by the Financial Conduct Authority (461102) to undertake insurance distribution. APG Cover, part of the AutoProtect Group, acts on behalf of Red Sands Insurance Company (Europe) Limited

Breeze Motor Company Ltd, Breeze (Southampton) Ltd and Breeze Motorcycles Limited are Appointed Representatives of Automotive Compliance Ltd, who is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows Breeze Motor Company Ltd, Breeze (Southampton) Ltd and Breeze Motorcycles Limited to act as a credit broker, not as a lender, for the introduction to a limited number of finance providers and to act as an agent on behalf of the insurer for insurance distribution activities only.

We can introduce you to a selected panel of lenders, which includes manufacturer lenders linked directly to the franchises that we represent. An introduction to a lender does not amount to independent financial advice and we act as their agent for this introduction. Our approach is to introduce you first to the manufacturer lender linked directly to the particular franchise you are purchasing your vehicle from, who are usually able to offer the best available package for you, taking into account both interest rates and other contributions. If they are unable to make you an offer of finance, we then seek to introduce you to whichever of the other lenders on our panel is able to make the next best offer of finance for you. Our aim is to secure the best deal you are eligible for from our panel of lenders. Lenders may pay a fixed commission to us for introducing you to them, calculated by reference to the vehicle model or amount you borrow. Different lenders may pay different commissions for such introductions, and manufacturer lenders linked directly to the franchises that we represent may also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing. But any such amounts they and other lenders pay us will not affect the amounts you pay under your finance agreement, all of which are set by the lender concerned. If you ask us what the amount of commission is, we will tell you in good time.

If you are selecting a Volkswagen ID.3, ID.4, ID.5 or ID.7 then all prices shown are MDP (Manufacturer’s Direct Price), inclusive of VAT. Sold by Volkswagen Passenger Cars, a trading division of Volkswagen Group United Kingdom Limited. MDP includes: delivery to Agent, number plates, new vehicle registration fee, the first year’s Vehicle Excise Duty and VAT (calculated at 20%). Volkswagen Passenger Cars may charge the MDP at any time (this includes where there are government changes in regulation and/or legislation). There may be a delay to any MDP prices displaying correctly on our materials.