What if your car is declared a write-off due to an accident, fire or theft?
Now imagine discovering that your insurance company pay-out will not match the original price you paid for your car.
This is a scenario faced by many motorists today. Even if you are not liable, you are almost certain to find a shortfall between the amount you receive in settlement and the price you originally paid. This shortfall could be a significant sum depending on the rate of depreciation of your car. Return to Invoice Gap Insurance available from Harwoods is designed to protect you if your car purchase is financed and declared a write-off due to an accident or fire or stolen and your insurance company will not match the amount of finance outstanding.
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