Show me an example
Lets take a look at a common and typical scenario....
| Mr Smith buys a vehicle for an agreed inclusive price | £15,000.00 |
| Sadly, after 24 months of happy motoring Mr Smith's car is stolen and written off by his insurer. |
|
| Mr Smith's insurer has agreed to pay *1 | £ 7,500.00 |
| But Mr Smith's model has increased in price and discounts have reduced since he purchased and a replacement now costs |
£18,000.00 |
| If Mr Smith had purchased Premium Vehicle Replacement Insurance, the policy would have paid; and this would have enabled him to buy the increased price replacement *1 | £10,500.00 |
*1 Some items such as road tax and insurance premiums are not covered. Please refer to policy terms and conditions for more detail.