Vauxhall Car Van Depreciation Insurance

Did you realise that your motor insurance policy is likely to leave you with a shortfall or GAP if your car or van is stolen or written off ?

You could suffer major financial losses. This is because insurance companies would pay you the current market value of your car or van at the time of your claim which can be considerably less than the price you paid for it .

Depreciation Insurance which is also called GAP Insurance is designed to cover these losses for cars vans & most commercial vehicles .

Depreciation or GAP Insurance Example - if your Car or Van is Written Off or Stolen

Depreciation Insurance  in Place	Price Paid for Your Car or Van	Your Motor  Insurer Pays	Depreciation Insurer Pays	Your Shortfall or GAP
Without	£12,000	£7,000	£Nil	£5,000
With*	£12,000	£7,000	£5,000	£Nil

Approach provides three Depreciation or GAP Insurance packages so that you choose which losses you recover in the event of theft or a write-off :

• Make sure you get back what you paid for your car or van as in the example above - click - Cars & Vans Return to Invoice GAP Cover

• Ensure you can pay off any outstanding finance - click - Cars & Vans Finance Shortfall GAP Cover
  

• Replace your car or van with an equivalent model - click - Cars & Vans Replacement Vehicle GAP Cover

All packages are subject to - click - Depreciation GAP Insurance Eligibility Conditions

Approach and Car & Van Depreciation GAP Insurance are FSA Regulated

Approach is the trading name for Approach ( UK ) Ltd who is authorised and regulated by the Finance Services Authority ( FSA ) ( registration number FRN 307692 ). All schemes are administered by Approach ( UK ) Ltd who are authorised and regulated by the FSA ( registration number FRN 307692 ). Please see the FSA register or the FSA website at www.fsa.gov.uk/register or by contacting them on 0845 606 1234 for further information