Insurance
To protect you and your vehicle from unforeseen events, we offer a range of insurance products. In addition to Mechanical Breakdown Insurance, we also offer Guaranteed Asset Protection and Payment Protection Insurance. Our team can also provide a quote for comprehensive insurance for vehicles.
Mechanical Breakdown Insurance (MBI)
Buying a new or used car is a significant investment, so it makes sense to add Mechanical Breakdown Insurance to your policy to cover against any mechanical breakdowns or electrical failures that may arise. Although you do not expect a motor vehicle to break down, it's reassuring to know that you have a policy that can help protect you against the inconvenience and the cost of repairs. Our Mechanical Breakdown Insurance offers comprehensive coverage for one, two, or three years, with excess options designed to suit your needs and vehicle.
Payment Protection Insurance (PPI)
Whenever you borrow money, you agree to pay it back at a certain interest rate over a set period. Although you may be in good health today, earning a steady income, and having a secure future, unexpected events can quickly change your circumstances. Adding Payment Protection Insurance (PPI) to your loan provides peace of mind in the event of unexpected events, such as illness, an accident, or a redundancy. You can rest easy knowing that the money you borrow today will be repaid if the unexpected happens in the future.
Guaranteed Asset Protection (GAP)
Even the best drivers can make mistakes. When you add Guaranteed Asset Protection (GAP) insurance to your loan, you are covered in case your car is stolen and written off due to an accident, and the insurance payout is less than the amount you still owe. As an example, if you owe $15,000 on your car and the insurance value is $11,000, you will still owe $4,000 on your loan if your car is stolen or written off. This shortfall can be covered by gap insurance.