Policy Overview
The Guaranteed Asset Protector insurance policy is aimed at brokers or administrators
with books of business for suppliers and operators of new and used car programmes,
subject to qualifying criteria.
As a reseller, your target audience would be motorists seeking insurance to cover
the difference between the amount paid by their motor insurance policy and the original
purchase price of the vehicle in the event of a total loss (excluding any arrears).
Broker Benefits
- Accessibility to products that have traditionally been sold by the Motor Trade at
point of sale
- Instant transaction via online system
Key Policy Features
- Eligible for cars and vans up to 3.5tonnes GVW
- Both new and used vehicles up to seven years old at policy inception
- Includes the first £250 of the Motor Insurer policy excess
- Flexible claim limits and periods of cover available
Summary of the Options
- Finance GAP - balance of the outstanding finance agreement
- Return To Invoice ("RTI") – return to the original purchase invoice price
- Combined package - a combination of finance GAP and Return To Invoice
- Vehicle Replacement - the cost of a replacement vehicle
- Other link products that are available include:
- MOT Insurance
- Tyre Insurance
- Key Insurance
Brokers and Intermediaries
Are you a broker looking for a GAP insurer?
Maybe you have existing GAP business
that you are looking to move to another insurer
who offer more competitive premiums and commissions.
Get in touch with us today! Your contact options:
- Give AmTrust Europe a call today on 0115 934 9809
- Email gapinsurance@amtrusteu.co.uk
- Fill in our New Business Enquiry and we
will get back to you
I am a consumer. How do I buy GAP insurance cover from AmTrust Europe?
AmTrust Europe does not sell the GAP insurance policy directly to the general public.
The product is sold through intermediary channels such as brokers and motor retailers.