YourCarChoice has an established reputation for exceeding clients expectations and delivering in circumstances when other companies could not.
Also known as: ‘Finance GAP’.
In the event of an insurance write-off, the motor insurance company is only obliged to pay the ‘fair market value’ for the vehicle. This may or may not be sufficient to cover the amount required to settle off the Contract Hire Agreement. Contract Hire GAP Insurance covers this potential shortfall (subject to conditions).
Contract Hire GAP is suitable for the following contract types:
Business Contract Hire (BCH)
Personal Contract Hire (PCH)
Finance Lease (FL)
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